Part one:
Research the current state of U.S. consumers with regards to trends in our outstanding balances of consumer credit. Then, respond to the following questions:
How much consumer credit (do not include mortgages)does the average householduse?
Is the amount increasing or decreasing?
Whydo we use credit?
In your opinion, is the average amount of credit being used “reasonable”? Explain.
Youmustcite your sources.Your response should be at least one page (size 12 font, double spaced) in length. Be sure to respond in a business-like manner using proper spelling, grammar and sentence structure.
Part two:
Answers should be at least 1 – 2 complete paragraphs including in-depth content that demonstrates knowledge of the subject matter. Be sure to use correct grammar and spelling.
If you had $100,000to be invested in liquid assets, in what type(s) of accounts would you deposit/invest your money?
Explain your decisions. (Please respond with regards torisk and returnconsiderations.)
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