Current+Event+3

Current Event 3

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Thr prices for imports have raised 1.3% since April 2011. The high prices on gas are weighing down the economy as well as the high percentage of unemployment. The average interest rate has dropped. The importing of petroleum has increased the price of 4.3% in the past year. March has been the slowest on creating jobs.

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Banks began to recover and because of that they felt confident enough to lend money to people with bad credit. This will eventually leave the people in debt as well as the banks.