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Introductory Business Statistics1st EditionAlexander Holmes, Barbara Illowsky, Susan Dean 2,174 solutions By the middle of 2008, when the median family income was around $50,000, the average American family owed an $84,000 home mortgage, $14,000 in auto and student loans, $8,500 to credit card companies, and $10,000 in home equity loans. What effect did this amount of borrowing have on the country? The border between the United States and Mexico had always been a fluid, geographic border, separating the two countries via desert, mountains, and generally inhospitable terrain. With the increased fear of terrorist infiltration into America through Mexico some believed that the border required greater patrolling. Fill in the blanks to complete the passage describing border control during the Bush and Obama administrations. During the Bush and Obama administrations, efforts to police the southern border of the United States increased dramatically. The size of the U.S. Border Patrol increased to 20,000 officers by 2013, making it the country's second-largest police force. Still, feeling that the federal government was not doing enough, groups of citizens in the Southwest took up arms and set up unofficial militias to patrol the border between Mexico and the United States. This tightened security over the border had an unintended consequence: not wanting to risk back-and-forth migration across the border, many immigrants opted to stay put after arriving to the United States. The border between the United States and Mexico had always been a fluid, geographic border, separating the two countries via desert, mountains, and generally inhospitable terrain. With the increased fear of terrorist infiltration into America through Mexico some believed that the border required greater patrolling. Fill in the blanks to complete the passage describing border control during the Bush and Obama administrations. How did the level of economic inequality change during the 1980s as the average personal income of Americans increased quizlet?How did the level of economic inequality change during the 1980s as the average personal income of Americans increased? Levels of income inequality in the United States increased even as average personal incomes increased.
Why did the US gain major deficits in the 1980s quizlet?"Spurred by large increases in funds for the military, federal spending far outstripped income, producing the largest budget deficits in American history."
How did the government influence the economic boom of the 1990s quizlet?How did the government influence the economic boom of the 1990s? The Federal Reserve Board encouraged economic expansion with low interest rates.
How did the economy move from recession to recovery in the early 1980s quizlet?What factors led to the nation's recovery from the recession of the early 1980s? confidence in the economy was bolstered by tax cuts, a decline in interest rates, and lower inflation. The stock market surged, unemployment declined, and the gross national product went up by almost 10 percent.
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