Ask google or Siri lollllll
American history is relevant to American economy in recent history because of the time period known today as the Great Depression, but also in the respect that economic growth occurs slowly over time, and our economy is still growing to this day. I hope this helps, as I was going to ask about context but instead just answered the question. Have a nice day! :)
This will lead to an increase in price and an increase in quantity if <span>Good X and Y are complementary goods.
Complementary goods refers to the goods that commonly used together (such as stove and gas). When the price for one part of complementary goods fall, the sellers usually will match it up by increasing the price of the other in order to maintain the profitability</span>
If someone buys a home for $200,000 and makes a 20 percent down payment, that person will have to pay $40,000 up front.
<h3>What is Down payment?</h3>
- An advance, partial payment known as a down payment is made when buying expensive products or services like a home or a car.
- Typically, it is paid in cash or an equivalent at the time the transaction is completed. The remaining payment must then be financed through a loan of some kind.
- A greater down payment typically indicates that you are a less risky borrower, and a lower interest rate reflects a less hazardous borrower.
- A lower interest rate will enable you to pay less interest overall and save you money on your monthly payment.
Learn more about down payment here:
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