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Which Action Results in Living Beyond Your Means, Thus Making

Question 18

Multiple Choice

Which action results in living beyond your means, thus making your balance sheet more and more "upside down" over time?


A) purchasing on credit and only paying minimum balances
B) purchasing on credit and paying your balances in full each month
C) purchasing items with credit that increase in value over time
D) purchasing all items using credit
E) using credit to purchase small expenditures

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