Answer:
a) It takes a condition to be the effect of something that has happened only after the condition already existed.
Explanation:
A senator, near the end of his first six-year term and running for reelection, made the claim: "Citizens of our state are thriving. While national unemployment levels have remained high, our state unemployment rate has been at astonishingly low levels for eleven years running. Clearly, everyone in our state has benefitted from the economical packages I have introduced during my time in the Senate. Therefore, grateful citizens of our state ought to vote for my second term."
This argument is most vulnerable to what criticism? It takes a condition to be the effect of something that has happened only after the condition already existed.The senator's argument says that the condition which is low unemployment in the state is the effect of his economic packages, but the condition existed before he ever had the chance to introduce those packages. That is the major flaw of this argument.
Answer:
The two categories of sources of credit are formal and informal sources.
Explanation:
The formal source of credit as the name implies is an official means of obtaining loans. Its features include,
1. It is administered by corporate institutions like banks and other lending bodies.
2. It is regulated by a body in the relevant country.
3. There are recognized and standard interest rates that must be paid by the borrower.
4. It is guided by laws which both parties are expected to keep.
The Informal sources of credit are unofficial means of borrowing funds There features include,
1. They can be obtained from friends, relatives, and acquaintances.
2. There are no standard interest rates as these are determined by the lenders.
3. There are no official bodies to regulate the lending process.
4. They are mostly used by poor businessmen and women who need small loans.
The Southern Economy was not very strong due to the damages from the Civil War.
The answer is true :)
hope this helps :)
