An Example of Revolving Credit Includes

question 10

Multiple Choice

An example of revolving credit includes

• A) MasterCard.
• B) student loans.
• C) mortgage loan.
• D) car loan.

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Definitions:

Opportunity Cost

The economic consequence of bypassing the immediate superior alternative in decision-making.

Labor Force

The total number of people employed or actively seeking employment within an economy.

Yield Per Acre

The amount of a particular crop produced on one acre of land, measuring agricultural productivity.

Corn

A cereal plant that yields large grains, or kernels, set in rows on a cob, widely grown for food, livestock feed, and biofuel.