Assume that the Federal Reserve wants to decrease the interest rate. Their best course of action is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a buy bonds b sell bonds c work with Congress to alter the interest rates d work with local banks to alter the interest rates

answer; institution;

answer; is the sum of all individual demands curves;

answer when little or no data is available;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.