At the Beginning of 2016,according to CreditCards

question 56

True/False

At the beginning of 2016,according to CreditCards.com and Cardweb.com,the average credit card debt per household with at least one credit card was $16,048,up from $2,985 in 1990.

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Definitions:

Ingroup Bias

The tendency to favor and extend better treatment to members of one's own group over those from external groups.

Favor

A gesture of compassion that exceeds the expected or customary.

Common Identity

A sense of belonging to a group or category that is broadly shared amongst its members, often influencing behavior and social cohesion.

Blame-The-Victim Dynamic

A social and psychological phenomenon where the victim of a crime, accident, or any type of abusive maltreatment is held responsible for the misconduct committed against them.