All of the Following Can Help Manage Financial Stress EXCEPT

question 20

Multiple Choice

All of the following can help manage financial stress EXCEPT:

• A) controlling spending and leaving the checkbook and credit cards at home.
• B) donating more money to charitable organizations.
• C) paying bills on time to avoid interest charges.
• D) avoiding the extended warranties when making purchases.

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Definitions:

Law of Supply

The economic principle stating that as the price of a good or service increases, the quantity supplied of that good or service will also increase, ceteris paribus.

Decreasing Opportunity Costs

A situation in which sacrificing less of one good to produce another becomes possible, often due to efficiencies or learning.

Marginal Utility

The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.

Breast Milk

The milk produced by human breasts or mammary glands, specifically designed to feed babies and infants, containing essential nutrients for development.