LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory
An AI-based credit scoring system expands access to loans during recovery periods. Inflation accelerates but unemployment remains stable. Which explanation fits best?

Question

LG 1. Knowledge Comprehension

LO 1.1. Generate knowledge of core concept and theory 
  An AI-based credit scoring system expands access to loans during recovery periods. Inflation accelerates but unemployment remains stable. Which explanation fits best?

Answer

FinTech credit expansion amplifies aggregate demand, but efficiency gains prevent large employment swings

Answer

Digital lending raises costs and causes cost-push inflation.

Answer

AI lending directly reduces the money supply, limiting inflation

Crowdly

LG 1. Knowledge Comprehension LO 1.1. Generate knowledge of core concept and...

Want instant access to all verified answers on lms.prasetiyamulya.ac.id?