Suppose the quantity demanded of money at an interest rate of 5% is $2 billion per day, at an interest rate of 3% is $3 billion
4 answers
Question:
Suppose the quantity demanded of money at an interest rate of 5% is $2 billion per day, at an interest rate of 3% is $3 billion per day, and at an interest rate of 1% is $4 billion per day. Suppose the money supply is $3 billion per day.
Answers
answer; societal marketing;
answermarginal cost;
the answers are
a, b, c, & e.
credit history is used by lenders to determine whether you are a 'risky' person to give their money to.
having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.
having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.
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