What Would Your Credit Rating Be If Your Credit Is

question 132

Multiple Choice

What would your credit rating be if your credit is too new to rate?

• A)R5
• B)R2
• C)R6
• D)R0
• E)R9

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Definitions:

National Debt

The gross total of financial obligations acquired by a country's governing institution, through assorted methods.

Budget Deficit

The financial situation where a government’s expenditures exceed its revenue.

Balance Budget

A balanced budget occurs when the total revenues equal total expenditures for a government within a specific fiscal period, eliminating deficits.

Fiscal Policy

Government policies related to taxation and government spending that influence economic conditions.