Which of the Following Statements About U

question 34

Multiple Choice

Which of the following statements about U.S.families and credit cards is FALSE?

• A) About 2/3 of families carry a monthly balance on their credit cards.
• B) Having a savings account is rare,compared to having credit card debt.
• C) The average credit card debt for the typical U.S.family is now about $9000.
• D) None of these are false statements.(That is,all of the statements are true.)

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Definitions:

Points

Locations in space defined by their coordinates on a graph or geometric context.

Ordered Pairs

Pairs of elements taken from two sets, typically representing the coordinates of points in a coordinate system.

Equation

A mathematical statement that uses an equals sign to express that two expressions have the same value.

Quadrant

One of the four sections of a Cartesian plane, divided by the x-axis and y-axis.