This assignment is related to order id XXXXXXXXXXWriter need to look at XXXXXXXXXXassignment so no repetitive line comes on this assignment. I need to add few more line for 5 points with...

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This assignment is related to order id 101070. Writer need to look at 101070 assignment so no repetitive line comes on this assignment. I need to add few more line for 5 points with 101070 assignment.

1.How gross domestic product (GDP) affect default: Add 150 lines with this point. only write on How can GDP explain from General stain theory (GST), that means link GDP with GST.

2.How Inflation affect default: Add 150 lines with this point. only write on How can be Inflation explain from General stain theory (GST), that means link inflation with GST.

3.How House Price Index affect default: Add 150 lines with this point. only write on How can be House price index explain from General stain thoery (GST), that means link House price index with GST.

4.How interest rate affect default: Add 150 lines with this point. only write on How can be interest rate explain from General stain theory (GST), that means link Interest rate with GST.

5.How national income affect default: Add 150 lines with this point. only write on How can be National Income explain from General stain thoery (GST), that means link National Income with GST.


Please see below point for example.How Borrowers age affect default: According to General strain theory (GST) individual has different types of strains, particularly strains that are high in magnitude, are seen as unjust, are associated with low social control, and create some pressure or incentive for individual life. Different type of individual strain or stress may affect their ability to pay the loan that leads to default. For this point, age can be one of the individual strains, that can affect individual financial ability.For example, young age people, they might not have steady income because of their low-level skill, lack of professional experiences, early stage of education, maturity level at their age stage, which contribute to their low level of income, resulting impeding their abilities to pay back loan.. As they grow up, they matured, they have more experience, more knowledge and as a result they will gain steady income. These characteristics of young age reduce their strength which affect their paying ability as a result they defaulted. So according to GST the immature age, teenage age or young age can be strain that limit their ability to pay back the loan.

Answered 1 days AfterMar 16, 2022

Answer To: This assignment is related to order id XXXXXXXXXXWriter need to look at XXXXXXXXXXassignment so no...

Komalavalli answered on Mar 17 2022
41 Votes
1.
Gross domestic product (GDP) is the total economic worth of products and services generated within a country's boundaries and accessible for market consumption in a given year (in US doll
ars). Central America is one of the world's most dangerous areas, accounting for around 4.5 percent of global murders. Only approximately 0.5 percent of the world's population lives in the region. We show that improving a stable quality of living is critical to sustaining crime decreases, especially when crime levels are low, for an individual's option of obtaining legitimate work versus a lifetime of crime. The offense will be manage, but the disadvantage of this link, of course, is that economic insecurity or slower growth will be damaging to security. As more and more legal jobs become available, criminals are now less inclined to engage in highly paid illegal activities, such as extortion, instead opting for the job guaranteed and stable salary. It has a positive ripple effect, as more workers are more productive and safety costs are lowering, increasing the company's profit, thus encouraging more firms to enter the market or companies. It will improve the country's national income and decrease crime. Cu
ent expands GDP this stimulates vacancies and employment. Therefore, there is a negative relationship between crime and GDP.
2. Inflation is the most powerful economic predictor of criminal behavior. Rosenfeld contends that, despite the surge of unemployment during the Great Recession of 2008-09, the crime rate did not grow as projected, implying that unemployment is a less dependable predictor than economists and criminal criminology. He contends that the low inflation rate explains the lack of an upsurge in crime after periods of high unemployment. Rosenfeld's theory is especially pertinent to the Covid economy, as nations throughout the world see increases in both inflation and crime....
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