Which of the following are examples of ignoring the fungibility of money?
I. Sitting through a bad movie because you've already paid for the ticket.
II. Charging an item to a high-interest credit card when you have the money available in a savings account.
III. Changing your mind about putting your current paycheck in a savings account and deciding to put your next paycheck toward savings instead.
A) I and II only
B) I and III only
C) II only
D) III only
Correct Answer:
Verified
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