(Solved): Juma is a recent high school graduate who just got their first credit card. They go on a massive spe ...

Juma is a recent high school graduate who just got their first credit card. They go on a massive spending spree to get ready for college. What has Juma likely overlooked about the concept of credit? It increases buying power at the expense of future buying power. It tends to decrease willingness to spend due to interest rates. It is a type of wealth that will decrease over time.