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worty [1.4K]
3 years ago
6

Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?

Business
2 answers:
erma4kov [3.2K]3 years ago
8 0

Answer:

The correct answer is D

Explanation:

lapo4ka [179]3 years ago
5 0
<span>Pete is irresponsible and will not pay the loan back on time. Pete has a lower credit score. From the lenders perspective Pete is irresponsible. The lender would see it as he can't pay off his credit, then he wouldn't be able to pay back the loan. </span>
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According to liquidity preference theory, a decrease in the price level causes the interest rate to:a. increase, which increases
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Answer:

The correct answer is (B)

Explanation:

Liquidity preference theory emphasised on the interest which investors should demand on long-term investments due to the risk they carry. According to liquidity preference theory, a decrease in the price level shifts the money demand curve leftward. A leftward movement of the money demand curve increases the overall quantity demanded. In that regard, a decrease in interest rate increases the demand for goods and services demanded.

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Which of the following statements is correct?
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Learn more about monetary policy here:brainly.com/question/13926715
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