Using a Credit Card Can Best Be Likened to

question 311

Multiple Choice

Using a credit card can best be likened to

• A) a barter exchange.
• B) writing a check on your demand deposit account.
• C) taking out a loan.
• D) using any other form of money because you immediately get to take the goods home.

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Definitions:

Step-By-Step Procedure

A detailed series of actions or instructions laid out in order to accomplish a specific task or process.

Possible Alternatives

Different options or courses of action that could be taken in a situation or used to solve a problem.

Searching For Analogies

A cognitive process that involves looking for similarities between different concepts or situations to understand new information or solve problems.

Problem Solving

A mental process that involves discovering, analyzing, and solving problems to reach a goal or conclusion.