The Impact of Credit ________ Saving and ________ Spending

question 119

Multiple Choice

The impact of credit ________ saving and ________ spending.

• A) increases; decreases
• B) decreases; increases
• C) decreases; decreases
• D) Credit has no relationship on saving and spending.

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Definitions:

Sales

The activities involved in selling goods or services directly to consumers or end-users.

Inventory Purchases

The act of buying goods and materials a company intends to sell or use in production, impacting its stock levels and financial state.

Cost of Goods Sold

The direct costs attributable to the production of goods sold by a company, including materials and labor.