The Fair Credit Reporting Act Has to Do With

question 27

Multiple Choice

The Fair Credit Reporting Act has to do with:

• A) allowing consumers to get their own credit report at no cost once a year
• B) credit checks done by potential lenders.
• C) reports made by credit agencies.
• D) All of these.

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Definitions:

Wage

A fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to manual or unskilled workers.

Rental Rate

The cost associated with leasing a particular commodity, property, or piece of equipment per unit time.

Marginal Product

The extra production resulting from the increase of a particular input by one unit, assuming all other factors remain constant.

Output

The total amount of goods or services produced by a company, industry, or country within a specific period.