Possible Sources of Relevant Information About a Credit Applicant Include

question 74

Multiple Choice

Possible sources of relevant information about a credit applicant include

• A)financial statements submitted by the applicant
• B)credit reporting organizations
• C)U.S.Department of Commerce
• D)the applicant's financial statements and credit reporting agencies

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Definitions:

Housewives

Individuals, traditionally women, who manage households and may or may not engage in paid employment outside the home.

Labor Force

The total number of people who are willing and eligible to work, including both the employed and those seeking employment.

GDP

The Gross Domestic Product, or GDP, is a metric that captures the entire value of goods and services generated within a country over a set period, serving as a gauge of its economic performance.

Real GDP

Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced by an economy in a specific period, using constant prices.