7
QuizMultiple Choice

N/A — Exam

Question 7 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Which expenditure will be the same whether you lease or buy a new vehicle?

Answer
A
total cost
B
monthly payments
C
gas cost
D
required down payment

Explanation

Gas cost depends mainly on how much you drive and the vehicle’s fuel efficiency, so it is generally the same whether you lease or buy that vehicle. Total cost, monthly payments, and the required down payment can differ between leasing and buying. The correct choice is gas cost.

AI-written and checked against the verified answer.

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