What is consumer demand? carlos approaches a bank for home loan. he is denied the loan when the verification of his credit history through his credit report reveals he has defaulted in the payment of a car loan. carlos realizes that the information provided by the credit bureau is erroneous. which law allows for action to be taken in case of errors in his credit report?

a) fair debt collection practices act
b) fair credit billing act
c) fair credit reporting act
d) credit card accountability, responsibility and disclosure act

The Fair Credit Reporting Act which was effective on October 26, 1970 is the law that Carlos can use to take action with on his case of errors on his credit report. 

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.