Which of the Following Is a Red Flag When It

question 34

Multiple Choice

Which of the following is a red flag when it comes to credit card debt?

• A)Not being able to make the minimum payment.
• B)Getting cash advances from the credit card.
• C)Taking money from retirement savings to pay off the bill.
• D)All of the choices are correct.

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Definitions:

Substitute Resource

A resource that can be used in place of another, especially in production, to accommodate changes in market demand or supply conditions.

Productivity

A measure of the efficiency of production, often quantified as the ratio of output to input in the creation of goods and services.

Highly Substitutable

Referring to goods or services that can easily replace each other in consumption or use.

Unit Costs

The cost incurred by a company to produce, store, and sell one unit of a particular product or service.