The Higher Your Credit Score,the Easier It Is to Obtain

question 70

True/False

The higher your credit score,the easier it is to obtain credit.

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Definitions:

Return Rate

The profit or deficit experienced by an investment during a certain period, represented as a portion of the initial investment's value.

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's citizens and businesses and not by government intervention.

Investment Project

A project undertaken by individuals, companies, or governments aiming at generating future profits through capital expenditure.

Political Authorities

The individuals or organizations that hold the power to govern or rule over a specific territory or population, making and enforcing laws and policies.