2
QuizMultiple Choice

Creating a Personal Budget

Question 2 • EA Academy Civics 9

What is a common form of debt?

Answer
A
taxes
B
student loans
C
cell phone plans
D
monthly subscriptions

Explanation

Student loans are a common form of debt because they involve borrowing money that must be repaid, usually with interest. Taxes, cell phone plans, and monthly subscriptions are generally payments for obligations or services, not borrowed money.

AI-written and checked against the verified answer.

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