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What is the difference between a debit/ATM card and a credit card? With a debit/ATM card you are spending your own money. With a credit card OA. you are always borrowing money. OB. Debit/ATM cards can only be used to withdraw cash. Oc. Credit cards can only be used for purchases. OD. They are the same thing; there is no difference.

What is the difference between a debit/ATM card and a credit card? With a debit/ATM card you are spending your own money. With a credit card OA. you are always borrowing money. OB. Debit/ATM cards can only be used to withdraw cash. Oc. Credit cards can only be used for purchases. OD. They are the same thing; there is no difference.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 12 What is the difference between a debit/ATM card and a credit card? With a debit/ATM card you are spending your own money. With a credit card OA. you are always borrowing money. OB. Debit/ATM cards can only be used to withdraw cash. OC. Credit cards can only be used for purchases. OD. They are the same thing; there is no difference. Question 13 Save and Quit Sciect the Tarse statement: DELL #3 $ 3 4 7 8. e y d < O
Transcribed Image Text:Question 12 What is the difference between a debit/ATM card and a credit card? With a debit/ATM card you are spending your own money. With a credit card OA. you are always borrowing money. OB. Debit/ATM cards can only be used to withdraw cash. OC. Credit cards can only be used for purchases. OD. They are the same thing; there is no difference. Question 13 Save and Quit Sciect the Tarse statement: DELL #3 $ 3 4 7 8. e y d < O
Question 19 If you have a credit card limit of $1,000, you should never carry a balance of more than $800. True. False. Question 20 Save and Quit me mtcrest rae a credit card company gives you when you first get your credit card can never be changed, even if your credit gets ruined and you don't make DELL Ce 23 $ & 7 e y di
Transcribed Image Text:Question 19 If you have a credit card limit of $1,000, you should never carry a balance of more than $800. True. False. Question 20 Save and Quit me mtcrest rae a credit card company gives you when you first get your credit card can never be changed, even if your credit gets ruined and you don't make DELL Ce 23 $ & 7 e y di
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