7
QuizMultiple Choice

Financial Literacy

Question 7 • CCSD Personal Finance CP 25-26 (0.5)

A consumer most likely needs to take out a loan when buying a new

Answer
A
toaster.
B
television.
C
home.
D
telephone.

Explanation

A home costs much more than an everyday item like a toaster, television, or telephone, so buyers commonly borrow money to pay for it over time. The correct choice is home.

AI-written and checked against the verified answer.

Previous
Next