Using a credit card can best be likened to

A) taking out a loan.
B) a barter exchange.
C) using currency only as a means of payment.
D) using any other form of money as a means of payment.

A

Economics

You might also like to view...

Briefly describe the factors that contributed to the U.S. Current Account deficits of the 1990s

What will be an ideal response?

View
Economics

The marginal propensity to consume out of income

A) is larger than one. B) is equal to one. C) is smaller than one. D) varies around one.

View
Economics