19
QuizMultiple Choice

Personal Finance — Test

Question 19 • Personal Finance and Economics

Kenya used a debit card to buy a pair of jeans. Which statement is true about her method of payment?

Answer
A
Kenya will pay for the jeans over time.
B
Kenya borrowed the money to buy the jeans.
C
Kenya used money directly from her bank account to buy the jeans.
D
Kenya did not have enough money in her bank account to buy the jeans.

Explanation

A debit card usually takes the payment directly from the money in the cardholder’s bank account. So Kenya used money directly from her bank account to buy the jeans. Paying over time or borrowing money is more typical of a credit card.

AI-written and checked against the verified answer.

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