Which of the Following Statements Is Not True Regarding Reviewing

question 109

Multiple Choice

Which of the following statements is not true regarding reviewing your credit report?

• A) You will be able to determine if any errors have been made so they can be corrected.
• B) It will help determine if there are credit cards that you should apply for to improve your credit standing.
• C) It will reveal the kind of information that lenders will consider when making a decision to extend credit.
• D) It will reveal deficiencies that you can work to eliminate that will improve your credit rating.

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Definitions:

Redistribution of Income

The transfer of income from certain individuals or groups to others through mechanisms like taxes and social security payments, aiming to reduce economic inequality.

Utilitarians

Individuals or philosophers who believe that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.

Sum of Utilities

The aggregate measure of satisfaction or benefit that individuals get from consuming goods and services.

Liberalism

The political philosophy according to which the government should choose policies deemed just, as evaluated by an impartial observer behind a “veil of ignorance”.