What is one advantage of debt?
A) It allows large projects to be built.
B) It discourages borrowing.
C) It encourages borrowing.
D) It contributes to recessions.
Correct Answer:
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Q1: What is a loan principal?
A)the fee on
Q3: Which of the following statements about financial
Q4: When you earn more than you spend,you
Q5: George earns a good salary and rents
Q6: Lower socioeconomic status is associated with
A)lower rates
Q7: Discretionary spending is the opposite of _
Q8: A common reason for students to drop
Q9: Which of the following is a good
Q10: Student aid includes all of the following
Q11: Credit is essentially the same as
A)debt.
B)a loan.
C)interest.
D)principal.
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