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Why might young adults, in particular, value credit in case of emergency?
A) They have savings to cover emergencies.
B) Credit can provide immediate financial support.
C) They prefer cash for all transactions.
D) Emergencies rarely happen to young adults.
The correct answer is B) Credit can provide immediate financial support.
Young adults may value credit in case of an emergency because it offers quick access to funds when unexpected expenses arise, such as medical bills or car repairs. Unlike savings, which may not always be readily available, credit allows for immediate assistance without the need to wait for income or liquidate investments.