Jolene is spends her entire paycheck each month, often adding additional charges to her credit cards to make elaborate purchases

Question

Mariulka [41]

2 years ago

14

Jolene is spends her entire paycheck each month, often adding additional charges to her credit cards to make elaborate purchases

. Jolene is illustrating which type of risk? A) income risk B) market risk C) expense risk D) business risk

Arts

1 answer:

soldier1979 [14.2K] · Answer 1 · 2022-03-21T12:44:39+03:00

Answer:

A) income risk

Explanation:

The case shown above, shows a situation Jonele who spent all of her monthly salary, got a chance of extra income through additional charges from her credit card that allows her to make more purchases when needed. These additional charges are the result of a change in the card's interest rates, that is, an example of income risk.