Your FICO Score Will Be _____

question 72

Multiple Choice

Your FICO score will be _____.

• A)average if it is in the 600-700 point range.
• B)lower if you pay more than the minimum balance due on your credit cards
• C)higher if you recently applied for several loans
• D)lower if you have borrowed from a mix of lenders

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Definitions:

Inflation

A general increase in prices and fall in the purchasing value of money.

Total Output

The total quantity of goods and services produced in an economy over a specified period.

Labor Force

The total number of people who are employed or actively seeking employment in an economy.

Union Membership

Individuals who belong to a union, an organization formed for the purpose of representing its members' interests in various employment matters.