Answers AA - F26 Personal Finance and Economics Banking: How to Manage Your MoneyQuestion 2

2

AssignmentMultiple Choice

Banking: How to Manage Your Money

Question 2 • AA - F26 Personal Finance and Economics

Which statement best explains what it means to use credit?

Answer

A

Using credit means lending money to a family member or friend.

B

Using credit means giving money to a financial institution with the hope of making money.

C

Using credit means getting money from a store and paying it back immediately.

D

Using credit means receiving money from a financial institution and paying it back over time.

Back to All Questions

More from this Course

23 verified answers

Banking: How to Manage Your Money

23 verified answers

Understanding Credit

30 verified answers

Instruction