Sunday, June 16, 2019
Week 6 Discussion Questions Assignment Example | Topics and Well Written Essays - 250 words
Week 6 Discussion Questions - Assignment ExampleLowering unemployment is key to up(p) the economy.2. An increase in jobs alone will improve the economy somewhat. More jobs means more money in the pockets of consumers. Seeing that nearly 2/3 of all economic activity in the United States is driven by consumer purchases, this is good news. Other factors such a credit markets and government debt will equal the economy as well. These will need addressed as well as unemployment.3. The current economic state is largely due to corrupt and wrong practices in the financial sector, specifically in home mortgage lending. Unethical lenders were profiting by lending money to individuals and families that they knew would never be able to repay. Housing starts skyrocketed because populate were building homes they actually couldnt afford. Everyone thought they could just sell their homes at some point in the near future and pay them off. The problem is the dismal lending practices were exposed, the credit default swaps all came due and there wasnt enough money to go around to pay everyone affected. The current state of the admit market is the result of these unwise
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