Credit Is Commonly Used to Cover Both Large and Small

question 1

Multiple Choice

Credit is commonly used to cover both large and small expenses.What is the best way to think about credit?

• A)Most Canadian are overextended on credit.
• B)It is a better source of liquidity than an emergency fund.
• C)It is an important part of liquidity but needs to be managed.
• D)It should never be used for liquidity.

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Definitions:

Sizing Graphics

The process of adjusting the dimensions and scale of graphical elements to fit specific requirements or formats.

Single-Spaced

Referring to a document format where there is very little space between lines of text, typically used to save space or fit more text on a page.

Full Justification

A type of text alignment where the text is spaced so the left and right sides of the text block both align with their respective margins.

Chunking

A strategy of breaking down information into smaller, manageable units to make it easier to understand and remember.