Because some people like some places more than others, hope this helps
Different people make different economic choices.
The American Opportunity Credit is the most advantageous treatment of her tuition expenses because of the following points:
It offer a maximum credit of $2,500 per eligible student, $500 more than Lifetime learning credit.
It is also 40% refundable / 60% nonrefundable
.
It is available for four years, enough for Angie's son to complete the credits.
The son is a full time student, so he fits into the program.
I believe the answer is: <span>Social trap
</span><span>Social trap refers to a situation when a certain individual obtain some sort of gain/benefit in the short run but would cause the society as a whole some sort of loss/damage in the long run.
Other example would be when someone cut down trees to increase their profit but resulted in fresh air shortage for the environment.</span>
Answer:
Correct answer here is: Support those borrowing credit.
Explanation:
The attempt by governments all over the world, and especially in the United States, to regulate credit and the lending of money by financial institutions to individuals began in earnest during the 1960´s, and in the U.S, this became real with the passing of the Consumer Credit Protection Act, of 1968. However, never before was credit lending more controlled and protected than after the crisis of 2008, when the world almost faced a recession so severe, that it made experts believe the world was headed for a new Great Depression. The reason for this crisis was the immense mortgage bubble that was created, especially in the U.S, and the imminent scenario of financial institutions lending credit to people at really high risks, without employment, and without any backups. There was no control over these credits and both individuals and financial institutions embarked on a circle of lending and debt that led several of these institutions to bankruptcy. Because of this, in 2010, a new consumer protection act was passed to seek financial stability. With it, and for the first time, the U.S government took severe regulatory measures and put financial institutions under control, in order to protect consumers and prevent institutions from lending without certain limitations.
