Interest Rates on ____ Are Typically Lower Than on Any

question 60

Multiple Choice

Interest rates on ____ are typically lower than on any other form of consumer credit.

• A) travel and entertainment cards
• B) debit cards
• C) credit cards
• D) home equity loans
• E) unsecured personal credit

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Definitions:

Congress

The legislative branch of the United States federal government, consisting of two houses: the Senate and the House of Representatives.

President Obama

President Obama refers to Barack Obama, the 44th president of the United States, serving from 2009 to 2017.

Tax Cuts

Tax cuts refer to reductions in the amount of taxes imposed by a government, which can affect individual and business taxes, potentially stimulating economic growth.

Government Spending

Expenditures by the government sector on goods and services, including public services and government investment, but excluding transfer payments.