Opening Activity Wednesday Nov, 22

If goods were sold only for cash, prices would be lower and everyone would be better off. Agree because the more money people have the less of the value it is. When people have too much money it'll soon be worth nothing.


"If I can't pay for something, it means I can't afford it, so I won't buy it."   Agree because if you cant afford it then you shouldn't buy it and make your economical struggles worse.


"I buy on credit whenever I can because credit increases sales and is good for businesses." Disagree because you also have to pay for interest so buying without credit is better.


"You should use credit sometimes: it helps you establish a credit rating, which may be useful in case of an emergency." Agree, because it does help with credit rating but use it only during emergencies and when you don't have any cash