<u>Answer</u>:
Since the mid 1970s, the United States had a significant trade deficit.
<u>Explanation</u>:
The U.S had undergone a trade deficit since the 1970s. This has been contributed to the fact that they have been importing way more supplies and goods than the other countries were buying from the Americans. These imports have affected the native industries. Also, the demand for American products went down drastically and thus contributing to the deficit.
While Europe and Great Britain undertook industrialization in the 18th century, Americans started it in the 19th century-this delay resulted in the US depending upon imported goods and also in US struggling to meet Europe's levels of export.
Answer:
Explanation:
Loans are money received from outside and its been paid back based on the agreement of the borrower.
Type
Personal loan - This loan can be received from personal bank or union. They can be used for anything as proposed by the owner. It is given based on personal income and it is been paid gradually. It ranges from a few hundred to thousand.
Payday loan - It is short term loan, a personal check is drafted to include how much is to be borrowed and how much interest will be paid. The loan is being paid immediately and the request check is kept with the lender of the money until the money is refunded. Interest are being paid once
Answer:
D. The interest rate will increase since there are fewer available funds for the bank to loan
Explanation:
Banks often have as priority have liquidity in order to be able to loan money to its users, that it´s why banks give interests rates to those that have their money safely guarded with them, since they can use that money to loan it to other clients and generate interests with that loans, when banks buy treasury fonds they loose that liquidity and have less funds available, which makes them increase the interest rates.
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