A Large Number of Credit Inquiries Means

question 21

Multiple Choice

A large number of credit inquiries means

• A)you have a high BEACON score.
• B)you are seeking credit from several institutions.
• C)you have a good rating with many financial institutions.
• D)you are very diligent on tracking your credit information.

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the balance of trade.

1930s

A decade marked by the Great Depression, significant economic hardship, unemployment, and social changes worldwide.

1950s

A decade marked by post-World War II recovery, economic prosperity in many countries, and significant socio-cultural developments.

1970s

A decade known for major economic changes, including shifts in political ideologies, oil crises, and the movement towards globalization.