What effect did increased credit have on businesses? Families budgeted carefully based on their loan payments.
Businesses struggled to get their money back.
Consumers continued to have confidence in banks.
Small businesses and families stopped using credit.

What two elements normally must exist before a person can be held liable for a crime

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Specialization—the division of labor—enhances productivity and efficiency by a) allowing workers to take advantage of existing differences in their abilities and skills. b) avoiding the time loss involved in shifting from one production task to another. c) allowing workers to develop skills by working on one, or a limited number, of tasks. d)all of the means identified in the other answers.