Which pair of phrases correctly matches the specific type of loan with thebroader category it best fits?O A. Credit card Long-term loanOB. Mortgage Short-term loanO C. Line of credit Alternative financingO D. Student loan- Long-term loan

Answer: Student loans are generally given for a long period of time. It is because students take a…

Which pair of phrases correctly matches the specific type of loan with the broader category it best fits? A. Credit card - Long-term loan B. Mortgage - Short-term loan C. Line of credit Alternative financing D. Student loan - Long-term loan

Which pair of phrases correctly matches the specific type of loan with the broader category it best fits? A. Credit card - Long-term loan B. Mortgage - Short-term loan C. Line of credit Alternative financing D. Student loan - Long-term loan

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter4: Going Into Debt

Section: Chapter Questions

Problem 3AA

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Question

Which pair of phrases correctly matches the specific type of loan with the
broader category it best fits?
O A. Credit card Long-term loan
OB. Mortgage Short-term loan
O C. Line of credit Alternative financing
O D. Student loan- Long-term loan

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