What
is a credit boom____?
A: An explosion in a credit cycle, which can increase or decrease
lending in the short-run
B: Essentially a lending spree on the part of banks and other financial
institutions
C: When credit card receivables rise due to low initial interest rates
D: The signal of the end of a credit spree, with credit contracting
rapidly
is a credit boom____?
A: An explosion in a credit cycle, which can increase or decrease
lending in the short-run
B: Essentially a lending spree on the part of banks and other financial
institutions
C: When credit card receivables rise due to low initial interest rates
D: The signal of the end of a credit spree, with credit contracting
rapidly
举一反三
- consumer’s credit is provided by banks and other financial institutions for individual, enterprise and government、
- The company has to hand in a statement written by the banks A: regarding the credit and financial status of the company. B: regarding the credit card and financial status of the country. C: regarding the letter of credit and financial status of the country
- Nominated<br/>bank means ______ with which the credit is available or ______ in the case of credit available with any bank.
- Which method of payment is likely to be the least expensive in the long run? A: bank credit card B: check written on a home equity line of credit C: cash D: store credit card E: cash advance on a Visa credit card
- Which of the following statements is true? A: A debit records an increase in liabilities. B: A debit records a decrease in assets. C: A credit records an increase in liabilities. D: A credit records an decrease in capital.