Credit card borrowing can be reduced by which of the following policies? (A) increasing rewards on credit cards; (B) educating people about self-control problems and providing them with com mitment opportunities; (C) marketing with discounts and promotions; (D) all of the above.
Credit card borrowing can be reduced by which of the following policies? (A) increasing rewards on credit cards; (B) educating people about self-control problems and providing them with com mitment opportunities; (C) marketing with discounts and promotions; (D) all of the above.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section4.3: Applying For Credit
Problem 1R
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Credit card borrowing can be reduced by which of the following policies?
(A) increasing rewards on credit cards;
(B) educating people about self-control problems and providing them with com
mitment opportunities;
(C) marketing with discounts and promotions;
(D) all of the above.
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