The Financial Innovation of Numerical Credit Scoring Contributed to the ________

question 29

Multiple Choice

The financial innovation of numerical credit scoring contributed to the ________.

• A)"democratization of credit"
• B)reduction of loan-to-value ratios
• C)"depersonalization of credit"
• D)reduction of information asymmetries

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Definitions:

Postconventional

Relates to the highest stages of moral development, marked by a focus on internal principles rather than societal norms or rules.

Good Teacher

An educator who effectively imparts knowledge, engages students, and fosters a positive learning environment.

Intelligence

The ability to learn, understand, and apply knowledge and skills.

Measured

A quantitative assessment or a manner of evaluation involving numerical comparison.