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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
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 household use? Is the amount increasing or decreasing? Why do we use credit? In your opinion, is the average amount of credit being used "reasonable"? Explain. please cite your sources.
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