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Credit Cards Are Commonly Used to Pay for Items Such

question 76

True/False

Credit cards are commonly used to pay for items such as clothing,car repairs,or a new car.


Definitions:

Willing And Able

The condition of being both interested in making an economic transaction and capable of doing so.

Purchase

The act of buying goods or services.

Demand Curve

A graph showing the relationship between the quantity of a good demanded and its price, typically sloping downwards from left to right.

Price

The amount of money required to purchase a good or service, determined by factors such as supply and demand.

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