Sam Has $500 Saved Up for a Spring Break Vacation

question 84

Multiple Choice

Sam has $500 saved up for a spring break vacation. He also is currently carrying about $300 of debt on his credit card. By choosing not to pay off his credit card with his savings, Sam is:

• A)acting rationally.
• B)going to be poorer in the long run.
• C)recognizing that money is fungible.
• D)None of these are correct.

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Definitions:

Epidermal Barrier

The outermost layer of skin that provides a protective barrier against environmental hazards, pathogens, and prevents water loss.

Thoracic Cavity

A cavity in the body housing the lungs, heart, and other components of the respiratory and circulatory systems; located within the chest.

Homeostasis

The ability of an organism or environment to maintain a state of internal balance and physical well-being in spite of changes or outside influences.

Negative Feedback

A regulatory mechanism in which a change in a system triggers an action that reverses that change, maintaining system stability.