Harry's employer offers a "Holiday Account," which means they will take $50 a month out of Harry's paycheck and deposit it into this account throughout the year.In December,they give Harry the money in the account to spend during the holidays.Harry regularly carries about $200 of credit card debt each month.Harry's decision to set aside some of his money in this account is an example of:
A) ignoring the fungibility of money.
B) recognizing that money is fungible.
C) needing to categorize expenditures to make rational decisions around money.
D) being rational.
Correct Answer:
Verified
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