The Process of Using Lending Power to Coerce a Loan

question 85

True/False

The process of using lending power to coerce a loan customer to use products sold by a securities affiliate is called information transfer.

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Definitions:

Automatic Stabilizers

Economic policies and programs, such as unemployment insurance and taxation, that automatically adjust to counteract economic fluctuations without the need for explicit government intervention.

Economic Recession

A period of significant decline in economic activity across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Economic Expansion

A phase in the business cycle where an economy experiences growth in its GDP, income, and employment, leading to increased prosperity.

Federal Budget Deficit

The shortfall when the federal government's expenditures exceed its revenues in a fiscal year.