The Full Employment and Balanced Growth Act of 1978 Set

question 79

True/False

The Full Employment and Balanced Growth Act of 1978 set the target unemployment rate for the United States economy at 4 percent.

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Definitions:

Unauthorized Charges

Transactions made on a payment card without the cardholder's consent or approval, often indicative of fraud.

Credit Card

A plastic card issued by a bank or financial institution allowing the cardholder to borrow funds at the point of sale to pay for goods and services based on the cardholder's promise to pay back the borrowed amount plus any agreed-upon fees.

Equal Credit Opportunity Act

A U.S. federal law ensuring that all consumers have an equal chance to obtain credit, prohibiting discrimination.

Marital Status

A legally defined condition relating to an individual's marriage situation, such as single, married, divorced, or widowed.