Answer:
Lowered throughout 1990 s; labor force participation rate
Explanation:
The recession of 1990-1991 which lasted for 8 months elevated unemployment rate to 8.1% in 1992, but following 1990 s expansion fell to 4.6% in 2001. Increase in labor force participation, mainly with Baby Boomers generation, which was in its prime ( ages between 37 and 55 in 2001) lead to positive growth in the 90 s. There were numerous other reasons like:
- significantly lower oil prices between mid-to-late 1990 s
- reform of welfare system, which significantly reduced the time users can receive aid
- more egalitarian tax structure
- job growth associated with informational technology revolution
Based on the description that we have here the person that is more likely to have the higher net worth is Jane because part of the monthly mortgage payment she makes goes to pay off her loan, thereby increasing her equity.
<h3>What is a mortgage?</h3>
This is the term that has to do with a lender and a person. The mortgage gives the lender the right to take over your property if you do not pay back what you have borrowed.
Mortgages are what people use to buy homes. When they pay back, they do so with interest.
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When a company determines that a group of people of certain age range and gender will likely buy its product, it is finding its: <em>potential customers/market target.</em>
Every product has a specific group of people that share similar characteristics that it can meet their needs. The unique needs of that group of people is what companies and producers focus on to exploit in creating product and marketing strategy for.
Such unique group of people constitute the market target or potential customers for such product.
Therefore, when a company determines that a group of people of certain age range and gender will likely buy its product, it is finding its potential customers/market target.
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$7,700
Explanation:
$18,500 - $6,000 - $4,800 = 7,700