Debt is a good when ________.
A)we pay for everything later,allowing more positive cash flow today
B)we enjoy the benefits of acquiring an asset early but can still pay for it over time
C)we borrow at low rates,even if you already have a lot of debt
D)we use it very sparingly,because debt is rarely useful

Question

Quizplus · Accepted Answer

Debt can be beneficial when it allows us to acquire an asset early, such as a house or car, and spread the payments over time while still enjoying its benefits. It is important to manage debt responsibly and ensure that the payments can be comfortably made over the repayment period. The other options are either not always true or not necessarily beneficial.

Debt Is a Good When ________