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RUDIKE [14]
3 years ago
11

When housing prices fall, as they did beginning in 2006 following the housing market bubble, consumption spending on furniture,

appliances, and home improvements ________ as many households found it ________ to borrow against the value of their homes.
Social Studies
1 answer:
Cerrena [4.2K]3 years ago
3 0

Answer:

declined; harder

Explanation:

Before the Real-Estate bubble exploded,  The banks made it extremely easy for people to borrow money to buy real estates. This make people make a lot of loans to buy properties thinking that the value of the properties will eventually increased and they can pay back their loans.

When the bubble exploded, the value of the properties that they hold massively declined. Following this, furniture, appliances, and home improvements which considered as <em><u>complimentary products </u></em>For other properties also declined.

Now the consumers trapped in  huge loans without having any assets to make back it up. Making it extremely hard for them to borrow another money since their chance of paying them back was extremely low.

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Identify one effect of the creation of Gutenberg’s press.
yawa3891 [41]

Answer:

A. Literacy rates increased

Explanation:

Before the Gutenberg press was created, people depended on the priest or the literates to read to them about the bible or the news. They were not telling the truth about what the bible really said, and used people's fear to make them buy Indulagence. However, Martin Luther was against this and wrote books preaching against the church. A way to get these new teachings to the people was to make many copies of them by using the Gutenberg press.

8 0
3 years ago
A statement describing how the world should be a. is a normative statement. b. is a positive statement. c. would only be made by
krok68 [10]

Answer: Option(a) is correct option

Explanation:

Normative statements are the statements that include value that is used for describing desirability and undesirability of situation.It is based on further requirements, need and perspective.

According to the question, statement that provide description about world should be is a normative statement as it describes the possible requirements for world .

Other options are incorrect because descriptive statement is based on objective and facts. Economist hired by government or in scientific field is not described through world description. Thus, the correct option is option(a).  

7 0
3 years ago
Amy is seeing a psychologist because she has distressing thoughts that lead to anxiety. the psychologist helps amy to identify t
irakobra [83]

The answer is cognitive restructuring. This is also one of the therapy that is needed for Amy. It is a psychotherapeutic development of knowledge to identify and maladaptive thoughts or dispute irrational known as cognitive distortions, such as all-or-nothing thinking (splitting), magical thinking, over-generalization, magnification, and emotional reasoning.  

8 0
3 years ago
Suppose that the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by
natulia [17]

The first alternative is correct.

Political economy can often be conflicting.

The main instruments of economic policy are monetary policy and fiscal policy. Both can be used to stimulate or discourage the economy. In this way, when they are adopted with the opposite sign, they are an example of conflict, as described in this exercise.

If the government wants to stimulate the economy through increased spending (expansionary fiscal policy), it will be injecting money into the economy. However, the main cause of inflation is excess currency in circulation. Thus, a contractionary monetary policy aims to wipe out the supply of money to contain inflation. That is, the first measure is inflationary to stimulate the economy, but the second is anti-inflationary, however contractionary.

<em>"Suppose the government and the Federal Reserve have conflicting goals. The government wants to encourage economic growth by </em><em>increasing spending</em><em>, but the Federal Reserve wants to decrease inflation by </em><em>decreasing the money supply</em><em>".</em>

5 0
3 years ago
Read 2 more answers
Which of the following statements are accurate regarding the role of the president in the legislative process? Check all that ap
ludmilkaskok [199]

Answer: The following statements are accurate regarding the role of the president in the legislative process:

The U.S. Constitution grants the president the power to sign or veto legislation passed by Congress.

Explanation: The President only has ONE legislative power given by the Constitution. The President of the United States is limited to signing (bill then becomes a law) or vetoing (bill is them sent back to congress and can be overridden) legislation passed by Congress (The House of Representatives and The Senate).

8 0
3 years ago
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