Tory applies for a line of credit which she intends to use for a once in-a-lifetime dream vacation. This transaction is subject to

a. no federal law.
b. the Consumer Leasing Act.
c. the Consumer Product Safety Act.
d. the Truth-in-Lending Act


Answer: Truth-In-Lending Act

Economics

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What is the Consumer Price Index (CPI)?

What will be an ideal response?

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The quantity of money is $1 billion, the price level is 1.10, and real GDP is $10 billion. What is the velocity of circulation?

What will be an ideal response?

Economics

Concerning tax rates and growth, which of the following is true?

A. Tax rates do not influence economic growth. B. Countries with high marginal tax rates have generally had higher rates of economic growth than those with low tax rates. C. Countries with low marginal tax rates have generally had higher rates of economic growth than those with high tax rates. D. Countries that impose high marginal tax rates at low-income thresholds generally have high rates of economic growth.

Economics

Some people consider the NCAA (National Collegiate Athletic Association) to be a __________ in the market for college athletics

Fill in the blank(s) with correct word

Economics