The use of credit in the U.S. has both positive and negative consequences for economic growth. Which of the following describes

Question

3 years ago

9

The use of credit in the U.S. has both positive and negative consequences for economic growth. Which of the following describes

a case in which the use of credit positively affects the U.S. economy? A student uses a credit card and has to pay large interest payments. A lender loans money to someone without the income to pay it back. A person uses a bank loan to start and expand a restaurant business. The government uses its credit to increase the national debt.

History

2 answers:

Harrizon [31] · Answer 1 · 2022-05-24T07:23:15+03:00

Harrizon [31]3 years ago

8 0

A person uses a bank loan to start and expand a restaurant business is a case in which the use of<span>credit positively affects the U.S. economy</span>

Deffense [45] · Answer 2 · 2022-05-24T08:33:45+03:00

Deffense [45]3 years ago

6 0

Answer:

the answer is C. A person uses a bank loan to start and expand a restaurant business

Explanation: