Borrowing and Interest

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Questions and Answers

How is money used?

Money is used for various purposes such as buying goods and services, paying bills, saving for the future, and investing.

What is the concept of causation related to money?

The concept of causation related to money refers to understanding the cause and effect relationship between financial decisions and their outcomes.

What is budgeting and fiscal responsibility?

Budgeting is the process of creating a plan for how money will be spent and saved, while fiscal responsibility is the practice of making sound financial decisions and managing money wisely.

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