To Make the Report Read Clearly and Smoothly, Use

question 85

Multiple Choice

To make the report read clearly and smoothly, use

• A) Passive voice
• B) Easy language
• C) Emphasis, subordination, preview, summary, and transitions
• D) Lots of data

Understand consumer protection laws related to lending and credit reporting.

Calculate total payments and interest on loans and installment plans.

Understand the concept of FICO scores and their impact on creditworthiness.

Calculate the total cost of borrowing under different scenarios including payday loans and layaway plans.

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Definitions:

Inflation Rate

The speed at which the generic pricing for goods and services elevates, undercutting the force of buying potential.

Macroeconomics

A branch of economics that studies how an economy as a whole functions, including total national income, total levels of employment, and how general price levels are determined.

Economy-Wide Phenomena

Broad trends or occurrences that affect the overall economic system, including inflation, unemployment, and national income.

Production Possibilities Frontier

An exhibit that delineates all possible highest production outputs for two types of goods, with consideration of a variety of inputs comprising resources and others.