As some people think that everyone would be better off if banks and other financial institutions stopped issuing loans or credit cards, the statement that supports this argument is People would be less likely to become overwhelmed by debt.
<h3>What is the function of loans or credit cards?</h3>
Both the loans or credit cards are form of credit service offered by financial institutions.
Basically, the Personal loans offer borrowed funds in one initial lump sum with relatively lower interest rates and must be repaid over a finite period of time while the Credit cards give a borrower access to funds as long as the account remains in good standing.
Hence, the statement that supports this argument is People would be less likely to become overwhelmed by debt.
Therefore, the Option C is correct,
Read more about financial institutions
brainly.com/question/13442420
#SPJ1
This statement is true.
In a market with a small number of sellers, known as an oligopoly, each seller's decisions have an impact on the outcomes of the other sellers.
Although there isn't a single theory to explain oligopoly, economists will occasionally employ a model known as the prisoner's dilemma to explain how oligopolistic market outcomes arise.
The prisoner's dilemma is a "game" that illustrates the advantages and dangers of cross-pollination among oligopolistic businesses.
A Nash equilibrium results from a prisoner's dilemma, where each player performs the best they can given what the other players are doing.
Oligopolist businesses frequently face the prisoners' dilemma, where they must choose between engaging in aggressive market-capture competition at the detriment of their rivals or engaging in "cooperation" and coexisting with the rival with the market share they already control.
To know more about oligopoly, visit:
brainly.com/question/3005866
#SPJ4
Hi! If by confessions you mean the <em>right not to self-incriminate</em>, aka the <u>Fifth Amendment</u>, your answer should be Miranda v. Arizona.
If you would like to know more about the case, let me know.
<u>Answer:</u>
The chief purpose for using informants is to provide probable cause for arrests and search warrants.
Option: (D)
<u>Explanation:</u>
- An informant is the person or group that provides the important information related to the crime.
- So based on these informants information it is easier for the concerned authority to provide the search and investigation warrants.
- So, it is very important for the informant to be genuine and trusted.
- These informants may be eye witness, or criminal informant known as confidential human source.
