Respuesta :
For instance, there is a labor shortage in the manufacturing of durable goods, wholesale and retail trade, and education and health services.
What variables affect the interest rate that will be applied to credit-based borrowing?
When setting interest rates, lenders take into account factors including your credit score, payment history, and the state of the economy. In general, you may anticipate paying less in interest the higher your credit score. However, loan-specific elements like the terms of repayment also come into play.
Which sort of interest generates greater profits?
accumulated interest
When you add the interest you have already earned back into your principal balance, you are earning compound interest, which increases your returns. Take into account that you have $1,000 yielding 5% interest yearly in a savings account.
To know more about  industries pay visit:-
https://brainly.com/question/15670607
#SPJ4
