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In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because
a. of steady supply of loanable funds in the economy during recession
b. the consumers have a high debt-to-income ratio
c. of stringent credit policies adopted by the Fed before the onset of recession
d. consumer borrowing increases during recession
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What are the primary sources of power?
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Please explain in detail the answer for the following scenario: Your boss looks at his budget in April and realizes that he has extra money to spend, so he tells you to create and
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