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You Should Invest in Risky Investments Instead of Paying Off

question 13

True/False

You should invest in risky investments instead of paying off your credit card debt because the return might be higher than the cost of financing.


Definitions:

CPI

A calculation tool, the Consumer Price Index, measures the mean prices of a selected basket of consumer services and goods including food, transportation, and medical services via their weighted average.

Prices Increase

A rise in the general level of prices for goods and services in an economy over a period of time, often indicating inflation.

Unemployment Rate

The portion within the labor force actively seeking work yet remains unemployed.

Employed

Refers to individuals who are currently working for pay or profit, including full-time and part-time positions, as well as temporary and seasonal work.

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