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10G U4 L1 What is Credit Exit Ticket

Quiz by Super 7 Girls

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3 questions
Show answers
  • Q1
    Which of the following is a key advantage of using credit?
    Using credit allows you to obtain goods or services today and pay for them later.
    Using credit can help people acquire valuable assets- like a college education or a home.
    Using credit can add to the enjoyment of life.
    All of the above are true
    30s
  • Q2
    True or False- When credit is easily available, some people borrow and spend more money than they should.
    False
    True
    30s
  • Q3
    Who gains from credit transactions?
    Neither of them
    Borrowers
    Lenders
    Both of them
    30s

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