ped an increase in business investments. Since businesses were able to borrow at low interest rate it gave them an incentive to buy, which is why machinery and equipment buying reached 18.8 percent. Not to mention overall corporate profits increased 21.2 percent.
             In our current state of the economy, the goals of each category are slowly being met due to the fact we are only in the expansion phase. In economic growth, our real GDP is rising and so is income, which eventually sets a higher standard of living. In
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