Answer:
Utilizing his saving as a down payment and buying the car using an auto loan.
Explanation:
Answer:
The answer is B.
Explanation:
Taxes are compulsory payment levied by a government of a country. It is not voluntary.
We have direct and indirect tax.
Direct taxes are those taxes that are imposed on individual and company. A company is charged at a rate after its profit is known. An individual earning salary is charged before the salary is collected.
Indirect taxed are those levied on goods and services. These types of taxed are pass on to the consumers in form of price of goods.
Tax is mandatory for everyone. Its a revenue for government
higher debt crowds out investment in capital goods and thereby reduces output relative to what would otherwise occur
<h3>What is
debt ?</h3>
Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money or other agreed-upon value. Debt is a delayed payment or series of payments that differs from an immediate purchase.
Student loans, mortgages, and company loans are examples of "good" debt, which is defined as money due for things that can help develop wealth or boost income over time. "Bad" debt is defined as credit card or other consumer debt that does little to help your financial situation. These are overstatements.
Debt refers to the amount of money that must be repaid, whereas financing refers to the provision of funds for use in commercial activities.
To know more about debt follow the link:
brainly.com/question/1957305
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Answer:
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Explanation:
IT'S ON AMAZON