Use this data about debt growth during the 19905 to answer questions 11-16: Domestic Domestic Domestic Domestic Domestic Domestic Domestic Domestic nonnancial nonnancial nonnancial nonnancial
Use this data about debt growth during the 19905 to answer questions 11-16: Domestic Domestic Domestic Domestic Domestic Domestic Domestic Domestic nonnancial nonnancial nonnancial nonnancial nonnancial nonnancial nonnancial nonnancial sectors sectors sectors sectors sectors sectors sectors sectors Households Households Households Business Business Federal State and Home Consumer Corporate government local Total mortgage credit Total governments FA384104005 FA154104005 FA153165105 FA153166000 FA1M104005 FA104104005 FA314104005 FA214104005 1990 688.9 229.3 200 0 15.1 132.3 132.0 280.2 47.1 1991 5319 204.5 174.5 -8.8 -80.4 -54.2 316.6 91.2 1992 548.1 199.1 1730 9.2 -11.3 15.2 343.8 16.5 1993 7085 244.8 156.5 61.4 112.6 133.2 2932 57.9 1994 674.0 320.6 1668 135.0 205.5 191.0 193.5 -45.5 1995 668,5 3187 154.0 147.0 236.5 191,1 174,2 -60,8 1996 749.5 346.7 2052 105.7 232.2 161.8 191.1 -20.5 1997 840,4 345.5 216.1 70.3 380.7 278.8 634 50.8 1998 1079.5 454.9 3032 97.1 569.2 390.2 -11.4 66.8 1999 11366 568.8 3794 1124 560 6 3668 -301 37 3 11. In which year was the U.S. probably in a recession? Give two pieces of evidence from the table for your answer in (11): 12. 13. 14. True False _X_: Based on the table above, federal government debt always grows. 15. True _x_ False : The build-out of the internet during the late 19905 required businesses to borrow a lot more than normal. 16. True False _X_: Consumers borrow a lot more consumer credit (car and credit card loans) than home mortgage debt
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