What is revolving credit? a. credit when the borrower makes regular monthly payments b. credit that requires payment in full on a specific date c. credit that is paid all at once, in a single payment d. credit that lets the borrower choose how much of the credit to use and when to pay it

If quotas on sugar were eliminated in the united states, domestic production of sugar would fall. why is this a benefit in economic terms for the united states? i. resources are freed up that could be used more efficiently elsewhere. ii. it is beneficial because it allows foreign producers of sugar to earn income and thus those countries are better off. iii. u. s. consumers are able to enjoy increased consumer surplus because of the lower prices of imported sugar.