Accessing a lot of credit?
Hi teachers!
Can you please tell me what 'hot economy' and 'to access a lot of credit' means?
In short term, high inflation can be the result of 'a hot economy'- one in which people have a lot of surplus cash or 'are accessing a lot of credit' and want to spend it.
Many thanks in advance
Top answer
Michelle Cha 'hot economy' The writer defines it in the sentence: "one in which people have a lot of surplus cash or are accessing a lot of credit and want to spend it. " Michelle Cha to access a lot of credit This "credit" is your ability to borrow money. To access it is to borrow.
- Michelle Cha 'hot economy' The writer defines it in the sentence: "one in which people have a lot of surplus cash or are accessing a lot of credit and want to spend it.
- " Michelle Cha to access a lot of credit This "credit" is your ability to borrow money.
- To access it is to borrow.
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Michelle Cha'hot economy'
The writer defines it in the sentence: "one in which people have a lot of surplus cash or are accessing a lot of credit and want to spend it. "
Michelle Chato access a lot of credit
This "credit" is your ability to borrow money. To access it is to borrow.
0Michelle ChaCan you please tell me what 'hot economy' and 'to access a lot of credit' means?
hot economy - everybody is buying and selling things more than usual
access credit - in simple terms, using credit cards to buy things
CJ
0
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