Aggregate demand refers to the total demand for products in an economy, which can be affected by factors such as changes in exchange rates, income distribution, government policies, and consumer needs. Reduced aggregate demand can occur due to changes in income distribution, exchange rates, government regulations, and consumer preferences. This can significantly impact the global […]
Late payments, new accounts, credit inquiries, and bankruptcy can cause your credit score to drop. Maintaining old accounts and using credit responsibly can gradually improve your score. Lenders use your FICO credit score, a number between 300 and 850, as an indication of whether or not you’re likely to pay off your debts. Since your […]