Discussion 2 1. Why are interest rate high? Interest rates are high because it's a demand of credit, it's like a need or demand so it's fixed to increase the money or credit and then the interest rate will rise and it's because of the inflation in the U. S. Economy. It's like a battle to keep your head above water its just a price you must pay for borrowing money or using a credit card. Especially if you need it, example for school, a vacation, paying off bills. 2.How frequently do homeowners cut the grass/ bush around their house? In my option it should be cut at least one or every two weeks to keep the lawn, but it always depends on your grass how fast does it grow a reason for it to be cut often. Living in the Virgin Islands I see some cut the gras at least once a, month to keep it well and maintained. Your grass should not be over 2 or 3 inches as far as I know, but as to my knowledge.
Discussion 2 1. Why are interest rate high? Interest rates are high because it's a demand of credit, it's like a need or demand so it's fixed to increase the money or credit and then the interest rate will rise and it's because of the inflation in the U. S. Economy. It's like a battle to keep your head above water its just a price you must pay for borrowing money or using a credit card. Especially if you need it, example for school, a vacation, paying off bills. 2.How frequently do homeowners cut the grass/ bush around their house? In my option it should be cut at least one or every two weeks to keep the lawn, but it always depends on your grass how fast does it grow a reason for it to be cut often. Living in the Virgin Islands I see some cut the gras at least once a, month to keep it well and maintained. Your grass should not be over 2 or 3 inches as far as I know, but as to my knowledge.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 30P: A mortgage 105m is a loan that a person makes to purchase a house. Table 19.11 provides a list of...
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