Perhaps the Greatest Disadvantage of Using Credit Is

question 72

Multiple Choice

Perhaps the greatest disadvantage of using credit is

• A) The temptation to overspend.
• B) The convenience offered instead of using cash.
• C) The float from using credit.
• D) The increase in total purchasing power.
• E) The increased satisfaction during present and future income periods.

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Definitions:

Random-Digit Sampling

A method in which participants are selected for a study through the generation of random numbers, ensuring a representative sample.

Anonymity

The condition of being anonymous, where an individual's identity is not known or disclosed, often used to protect privacy or for safety reasons.

Statistics Canada

The national statistical office of Canada, responsible for producing statistics to help better understand Canada, its population, resources, economy, society, and culture.

Established Authority

Refers to the recognized and accepted use of power by institutions or individuals in a society, often derived from legal, traditional, or organizational sources.