Question
Which statement best compares the costs and benefits of getting a credit card?
Responses
a A credit card enables purchasing even if people don’t immediately have the money, but it is only available to people making a high salary.
a A credit card enables purchasing even if people don’t immediately have the money, but it is only available to people making a high salary.
b A credit card allows people to get an item without waiting, but makes people pay extra interest.
b A credit card allows people to get an item without waiting, but makes people pay extra interest.
c A credit card immediately charges a person's account and prevents overspending, but they may not have enough money to buy something.
c A credit card immediately charges a person's account and prevents overspending, but they may not have enough money to buy something.
d Credit card companies allow people to earn interest, but they charge a certain amount in purchases each month.
Responses
a A credit card enables purchasing even if people don’t immediately have the money, but it is only available to people making a high salary.
a A credit card enables purchasing even if people don’t immediately have the money, but it is only available to people making a high salary.
b A credit card allows people to get an item without waiting, but makes people pay extra interest.
b A credit card allows people to get an item without waiting, but makes people pay extra interest.
c A credit card immediately charges a person's account and prevents overspending, but they may not have enough money to buy something.
c A credit card immediately charges a person's account and prevents overspending, but they may not have enough money to buy something.
d Credit card companies allow people to earn interest, but they charge a certain amount in purchases each month.
Answers
GPT-4o mini
The statement that best compares the costs and benefits of getting a credit card is:
**b A credit card allows people to get an item without waiting, but makes people pay extra interest.**
This statement clearly highlights a key benefit of credit cards (the ability to make purchases immediately) alongside a significant cost (the potential for incurring extra interest if the balance is not paid off in full).
**b A credit card allows people to get an item without waiting, but makes people pay extra interest.**
This statement clearly highlights a key benefit of credit cards (the ability to make purchases immediately) alongside a significant cost (the potential for incurring extra interest if the balance is not paid off in full).