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What is credit?

A. A person saves money to use in the future for large purchases.
B. A person buys something and pays for it later.
C. A person invests money in new companies.
D. A person keeps track of their expenses.

Which is most likely to be used in the United States to buy a house?

A. Paying for the whole house in cash
B. Getting the house as a birthday gift
C. Borrowing most of the money
D. Using the money from your savings account