Answer:
A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.
Explanation:
A deposit is a sum of money placed or kept in a bank account, usually to gain interest
Positives:
Credit card rewards.
Fraud protection.
Travel benefits
Negatives:
Interest charges.
Late fees.
Potential for credit damage.
Answer:
The answer is: decrease government spending or increase tax rates.
Explanation:
Nominal GDP is currently $170 billions (= $100 billions + $40 billions + $20 billions + $10 billions).
Since full employment GDP = $120 billions, the nominal GDP is much higher ($170 billions > $120 billions). So the government must try to cool the economy and the two main ways it can do it is by reducing government spending or by raising taxes which will lower private consumption.
