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Eddi Din [679]
3 years ago
9

John has applied for a job as the finance manager for a company. After completing his application and submitting his resume, the

company requested permission to view his credit report.
What type of inquiry is this considered?
Business
1 answer:
MissTica3 years ago
5 0

There are two types of inquiries into your credit history: hard and soft.

Hard inquiries happen when lenders view your credit history in an attempt to lend you money. These will affect your credit scores.

Soft inquiries do not appear on your credit file and do not affect your credit history. These inquiries happen when you check your own credit or in this case a job checks your credit.

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Answer:

(A) it will affect the GDP Deflator.

(B) it will affect both the GDP deflator and the CPI

Explanation:

(A) The increase in prices of imports increase real GDP and also the GDP deflator as now the US will purchase less of these cars from china and therefore there will be less imports of this car from china, people will prefer buying local inexpensive cars which will in turn increase the GDP even more than before so therefore this scenario only affects the GDP deflator only as the formula for real GDP is the sum of consumption spending, government spending,government saving( investment) and (exports minus imports) so the less imports we get the more real GDP we get in the US economy.

(B) This will affect both GDP deflator and CPI because firstly this will touch on the exports which will increase and bring in more revenue for the US therefore increasing real GDP because the prices of the fishing product has decreased which will cause the US economy to increase. it will also affect the CPI because now prices of this product have fell therefore the CPI is also going to fall probably causing a deflation.

5 0
3 years ago
Which of these terms means "limited resource"?
Tpy6a [65]
The correct answer among the choices listed is the second option. Scarcity is the term that would mean "limited resource". It is the state of having shortage or small amount of supply with a high value of demand. Hope this helps.
3 0
3 years ago
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