Which of the Following Is Not a Step You Should

question 69

Multiple Choice

Which of the following is not a step you should take to try to improve your credit score?

• A) Reducing unnecessary expenditures
• B) Destroying some credit cards
• C) Applying for more credit cards
• D) Notifying creditors of late payments

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Definitions:

Theories Of Expectations

Economic theories that explore how the expectations of individuals or firms about future economic conditions affect their current decision-making and behavior.

Rational Expectations Theory

A concept suggesting that individuals make decisions based on their rational outlook, available information, and past experiences.

Certainty Equivalent Theory

A concept in decision theory that quantifies the value of a risky asset in terms of a certain amount of money.

Supply-Side Policy

Economic strategies aimed at increasing the production capacity of an economy by improving the conditions for businesses and producers.