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19 June, 19:09

A report says that the median credit card debt of American households is zero.

We know that many households have large amounts of credit card debt. In fact, the mean household credit card debt is close to $8000.

Explain how the median debt can nonetheless be zero.

Choose the most plausible explanation:

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Answers (1)
  1. 19 June, 19:35
    0
    By doing a higher % of house hold with out credit card debt will = out to zero
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