When Dale Buys a New Computer for $1,000 Using a Credit

question 180

Multiple Choice

When Dale buys a new computer for $1,000 using a credit card,

• A)he is taking out a loan for $1,000.
• B)his bank account decreases by $1,000.
• C)the credit card is acting as money.
• D)the money supply decreases by $1,000.
• E)the credit card is performing the function of an unit of account.

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Definitions:

Disruptive Strategies

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Entrepreneurial efforts focused on solving social problems or effecting social change through innovative solutions.

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an individual's capacity to remain comfortable and function effectively in situations that are uncertain, complex, or lack clarity.

Social Entrepreneurs

Entrepreneurs who focus on developing businesses and initiatives that aim to address and solve societal and environmental issues.