QUESTION IMAGE
Question
5 buying a car should be an impulsive decision.
true
false
Analyze the statement
The statement claims that buying a car should be an impulsive decision.
Evaluate financial planning principles
A car is a major financial purchase that requires careful budgeting, research, and comparison shopping to avoid unnecessary debt and buyer's remorse. Impulsive buying is discouraged in personal finance.
Determine the truth value
Because car buying requires deliberate planning rather than impulse, the statement is false.
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- True
- False (Correct answer)