8
QuizMultiple Choice

Spending — Quiz

Question 8 • Economics

Read the scenario. Raoul has just been promoted to a supervisor’s position, which is a steady job. He likes to enjoy life, take vacations, and change things up every now and then. That’s why he will not have a lot of extra money to spend on repairs and maintenance on his car. Based on this scenario, Raoul should

Answer
A
buy a used car.
B
buy a new car.
C
lease a used car.
D
lease a new car.

Explanation

Leasing a new car fits Raoul’s steady job because he can make regular lease payments. A new car is also less likely to need repairs, and leasing lets him change cars more often than buying one. So the best choice is to lease a new car.

AI-written and checked against the verified answer.