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imskpwr
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The recent interest among credit card issuers in establishing credit card use in the province of Lijau is perplexing. Residents of Lijau save almost 40% of their discretionary income, a rate more than three times the national average, and most residents of Lijau are more likely to forgo a major purchase or borrow from relatives than to rely on an outside source of funds.
Which of the following, if true, would most support a prediction of success of the credit card issuers in establishing credit card use in the province of Lijau?
a. Lijau is the richest province in the country.
b. Unlike the country's other provinces, Lijau does not allow its residents to declare bankruptcy to avoid debt obligations.
c. Before credit card use was established in the rest of the country's provinces, those provinces had a rate of discretionary income saving equal to or in excess of the rate currently found in Lijau.
d. Lijau's wealthiest citizens use credit cards heavily during their trips abroad.
e. In the modern economy, credit cards are associated with both prestige and convenience.
Which of the following, if true, would most support a prediction of success of the credit card issuers in establishing credit card use in the province of Lijau?
a. Lijau is the richest province in the country.
b. Unlike the country's other provinces, Lijau does not allow its residents to declare bankruptcy to avoid debt obligations.
c. Before credit card use was established in the rest of the country's provinces, those provinces had a rate of discretionary income saving equal to or in excess of the rate currently found in Lijau.
d. Lijau's wealthiest citizens use credit cards heavily during their trips abroad.
e. In the modern economy, credit cards are associated with both prestige and convenience.
