Which of the Following Forms of Consumer Credit Is Among

question 59

Multiple Choice

Which of the following forms of consumer credit is among the cheapest and offers limited tax deductions?

• A)Overdraft protection lines
• B)Home equity credit lines
• C)Credit cards
• D)Unsecured personal credit
• E)The Wage Earner Plan

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Definitions:

Ingroup Member

An individual who belongs to and identifies with a specific social group, sharing common interests, values, or characteristics with other members.

Pluralistic Ignorance

A situation where a majority of group members privately reject a norm, but incorrectly assume that most others accept it, leading to a disconnect between beliefs and behaviors.

Social Responsibility Norm

A societal rule that people should help those who need assistance, without regard to future exchanges.

Dispositional Attributions

The tendency to attribute someone's behavior to their internal qualities or personality traits rather than to external factors.