All of the Following Can Be Found on Your Credit

question 67

Multiple Choice

All of the following can be found on your credit report with the exception of

• A)payment history.
• B)recent balance and required payment.
• C)the date an account was opened.
• D)your annual salary.

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Definitions:

High Inflation

A situation where prices for goods and services rise rapidly over a period, eroding purchasing power and potentially destabilizing the economy.

Crowding-Out Effect

Large federal budget deficits are financed by Treasury borrowing, which then crowds private borrowers out of financial markets and drives up interest rates.

Full Employment

A situation in which all available labor resources are being used in the most economically efficient way, minimizing unemployment to only frictional or structural levels.

Serious Recession

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