The way to build good credit is to: A. Secure a credit card, but never use it B. Pay off the credit card in full, each month C. Purchase unnecessary items D. All of these 2. Start managing your money: A. After you have worked in your dream job for a year B. After you get married C. After you finish college D. All of these E. None of these 3. If you find yourself in a credit hole: A. Skip making payments until you can afford to pay off your bill B. Make late payments only on your largest debt C. Take out a loan to pay off your debt D. None of these
The way to build good credit is to: A. Secure a credit card, but never use it B. Pay off the credit card in full, each month C. Purchase unnecessary items D. All of these 2. Start managing your money: A. After you have worked in your dream job for a year B. After you get married C. After you finish college D. All of these E. None of these 3. If you find yourself in a credit hole: A. Skip making payments until you can afford to pay off your bill B. Make late payments only on your largest debt C. Take out a loan to pay off your debt D. None of these
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
1. The way to build good credit is to:
A. Secure a credit card, but never use it
B. Pay off the credit card in full, each month
C. Purchase unnecessary items
D. All of these
2. Start managing your money:
A. After you have worked in your dream job for a year
B. After you get married
C. After you finish college
D. All of these
E. None of these
3.
If you find yourself in a credit hole:
A. Skip making payments until you can afford to pay off your bill
B. Make late payments only on your largest debt
C. Take out a loan to pay off your debt
D. None of these
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