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    Foundations of Macroeconomics Study Set 2
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    Exam 10: Finance, Saving, and Investment
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    When a Student Uses a Credit Card to Buy an IPod
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When a Student Uses a Credit Card to Buy an IPod

Question 54

Question 54

Multiple Choice

When a student uses a credit card to buy an iPod, the student is


A) lending in the loan market.
B) lending in the stock market.
C) lending in the bond market.
D) borrowing in the loan market.
E) borrowing in the bond market.

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