Question

pregunta 1 (3 puntos)
visa was the first credit card in the u.s.
true
false

pregunta 2 (3 puntos)
spending cash is more painful than using a debit card.
true
false

Explanation:

1. The first credit card issued in the U.S. was Diners Club in 1950, predating Visa (which launched as BankAmericard in 1958 and rebranded to Visa in 1976).
2. Behavioral economics research, including studies on the "pain of paying," shows that using tangible cash makes the cost of a purchase more immediate and salient, leading to greater perceived pain compared to the abstract, delayed transaction of a debit card.

Answer:

1. B. False
2. A. True