All of the Following Are True About Credit Cards Except

question 31

Multiple Choice

All of the following are true about credit cards except

• A) credit cards are a store of value.
• B) credit cards are quite convenient.
• C) 2 to 5 percent of total credit-sales dollars goes to card issuers.
• D) credit cards serve as a temporary medium of exchange.
• E) credit cards are extremely profitable for the companies that issue them.

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Definitions:

Domination

The exercise of power or control over others, often in a way that is authoritarian or repressive.

Foucault

A French philosopher and social theorist known for his critical studies of social institutions, including psychiatry, the penal system, and the history of sexuality.

Problem Worker

An employee who consistently underperforms or exhibits behavioral issues that negatively impact the workplace.

Capitalist Ideology

A belief system that supports the principles of capitalism, emphasizing private ownership of the means of production, free markets, and profit maximization.