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2 years ago

What financial behaviors will typically lead to a low credit score?

2 answers:

4 0

Here are some behaviors that will give you low credit score :

- If you always maxed out your credit card limits, it make you seems irresponsible
- If you never paid your credit bills on time
- If you always change your living address

but as long as you have a good history of paying your credit bills on time, your credit score will be fine

Semenov [28]2 years ago

4 0

Answer: Maxing out your credit cards will typically lower your credit score.

Explanation:

4 financial behaviors that can empty your purse. You may like to believe in yourself as a responsible administrator of your cash, but behavioral experts say a wide collection of subconscious characteristics and behavioral preferences can produce people to make bad economic choices.

1. Many people abandon to look at other choices when thinking of a larger purchase or economic goods. As a consequence, they cover up abstaining out on chances to save cash on a conventional proceeding.

2. People often neglect important aspects about mortgages and other economic deals. “In some situations, people actively withdraw data that would help them make better choices,” the researchers recorded.

3. People manage to shut down when met with complex choices and abandon to work if they perceive they are in over their economic ends. That, in turn, can lead to disastrous procrastination when it gets to money objects.

4. Sentiments can play a superfluous part in how people think about their investments and respond to specific provocations.

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Suppose that the office of management and budget provides the accompanying estimates of federal budget receipts, federal budget

spin [16.1K]

We need to <span>provide the accompanying estimates of federal budget receipts, federal budget spending, and gdp, all expressed in billions of dollars</span>.

4 0

3 years ago

If incomes increase during a period of expansion, goods considered to be inferior will experience?

Olegator [25]

If incomes increase during a period of expansion, goods considered to be inferior will experience:

A decrease in demand

<h3>What are inferior goods?</h3>

Inferior goods are those types of goods that consumers have little or no interest in. These goods are mostly sought after when the economy is tough and people have no option but to purchase them.

However, when the economy improves and there is an expansion, people will naturally return to the goods that they believe have superior quality. When they make this move, the inferior goods will experience a decrease in demand.

Learn more about inferior goods here:

brainly.com/question/20532958

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5 0

1 year ago

When a distributor is involved in international trade, there are two sets of invoices: one set between the exporter and the dist

Tanzania [10]

Answer:

A. True

Explanation:

Invoices also called bills in accounting is used for recording sales transactions and to account for requests and receipts for payments.

If a distributor becomes involved in trade beyond national borders, Two sets of invoices are used. The international trade invoices (1st set of invoices) being the transaction details between the seller (exporter from other country) and the buyer who is the distributor (importer). While the local or domestic involves (2nd set of invoices) would show transaction details between the distributor (who's now the seller) and the buyers or customers.

This happens because the two transactions are separate containing separate information of seller's and buyer's name, addresses, contacts details, tariffs or taxes and so on.

8 0

2 years ago

g The Ricardian equivalence states that if the government cuts taxes without changing current or future expenditure then: a) hou

Aleks [24]

Answer:

b) households will save more because they will expect higher taxes in the future

Explanation:

The Ricardian Equivalence proposition is one of the pillars of classical economics, which sadly has proven to not work very well in the real world. According to classical economists, and their quantity theory of money plus the Ricardian Equivalence, recessions do not exist because it is impossible for them to exist. But in the real world, that is not true. Recessions exist, e.g. the US is in a recession since the first quarter of 2020 (even before the current health crisis). When real people lose their jobs or are afraid to lose their jobs, their spending habits change.

On the other hand, when real people get a tax refund or tax cut, they generally spend it, they will not save it to pay future taxes. That is why car sales increase during February after checks form the IRS are handed out.

Theoretically, classical economics is great. The problem is that we are human beings, and as such, our behavior cannot be controlled or determined by what we should or should not do. This is exactly why the velocity of money (quantitative theory of money) is not constant.

4 0

3 years ago

Which of the following types of financial aid do not require you to pay the money back?

Ira Lisetskai [31]

Financial grants are the forms of a financial aid that do not really require the one who loans to pay the amount he or she received from a given individual or institution. In addition, these kinds of financial aid have its most examples when the government pays up the cost of college fees by a specific scholar.

8 0

3 years ago