Experts Are Increasingly Sounding a Warning About Mounting Credit Card

question 63

Multiple Choice

Experts are increasingly sounding a warning about mounting credit card debt. Given that, which of the following would be an unwise strategy for a credit card company?

• A) Making sure the company's credit card rules are clear and easy-to-understand
• B) Charging the same interest rate as other credit card companies
• C) Ensuring that fees for exceeding credit limits are no higher than necessary
• D) Increasing the value of the promotional items that are used to attract new credit card customers
• E) Offering free debt counselling to credit card customers

---

Definitions:

pH

A measurement system that identifies whether an aqueous solution is acidic or alkaline, with values extending from 0 (indicative of acidity) to 14 (signifying basicity).

Components

Individual parts or substances that constitute a composite material or mixture.

pH

A measure of the hydrogen ion concentration in a solution, indicating its acidity or alkalinity on a scale of 0 to 14.

Mathematical Formula

An equation or expression representing a relationship between mathematical symbols and quantities.