14.) I think this might be true because if everyone had a job, the prices of everything would go up. Everyone would have some sort of income, which means they'd have money to spend. Many things would increase and price, and people would be spending more money. I think some of the reason things are the prices they are today is because companies know that people cant afford everything, some people dont have money. If everyone had a steady income, they would want more for their product knowing they could get it.
15.) I think that foreign bonds are a good thing. I admit it puts our country in a somewhat vulnerable and dangerous situation, yet they have what we need and we are making friends. America is one of the worst economies, and other countries know that we need alot of help in the present day. Were also making allies while were at it.
16.) Understanding the unemployement rate can be very beneficial to me as im looking for a job. I believe that knowing where to look for a job, what industries are expanding, and what careers there are no jobs for would be really helpful. It almost gives me guide lines of what to do , and what not to do while searching my job, which could help alot!
17.) If the current inflation rate is 3%, I need to account for the future and save some money up because things are going to become more expensive and I realize that there only going to keep increasing because of the economy. I would pick a trust worthy bank with a low interest rate just so i can keep as muh money as i possibly can.
18.) Pros: Your your own boss, i pick the hours, i pick the wages, i hire the employees, i pick the quality of products, i pick what products, i run the business how i beleive it should be ran. Cons: its a lot of work, you are on your own, your in charge incase your business isnt doing well, you suffer the most if it isnt making a profit, your responsible for everything.
19.) I would make sure not to make the same mistakes the two firms did, and make sure i did everything possible not to go down the road those two firms did. I would try to change my products, make them more affordable, better quality, do whatever i could just to make sure I was still making a profit. I would maybe if i could offer more jobs too.
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