Question 2 If you have a credit card limit of $1,000, you should never carry a balance of more than $800. True. False. Question 3 Credit cards are expensive ways to borrow money.
Question 2 If you have a credit card limit of $1,000, you should never carry a balance of more than $800. True. False. Question 3 Credit cards are expensive ways to borrow money.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Question 2
If you have a credit card limit of $1,000, you should never carry a balance of more
than $800.
True.
False,
Question 3
Credit cards are expensive ways to borrow money.
True.
False.
Sign-i
Your
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Your interest rate on your loan with the credit card company can go up big time if
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Transcribed Image Text:What statements best describe a store charge card?
OA. Store cards do not have the name of the store on them.
Store cards have a "Visa" or "MasterCard" logo on them and can used as a
OB.
debit card.
Usually, the store card can only be used at the store or at other businesses
C.
that store may own.
OD. Store cards can only be used for sale items.
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Why do you think that we named this module "Sucker Punch"? Choose the one
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