Explain whether the following consumer goods are classified as good or bad debt. Explain your rationale. a. Mortgage. b. Home equity line of credit to build a new patio. c. Student loan. d. Gap credit card to purchase new wardrobe. e. Car loan for 2018 Dodge Charger with $0 down payment. f. Car loan for 2018 Ford Focus with $5,000 down payment. a. Mortgage. (Select the best answer below.) A. Good debt. Your house should be standing long after you've paid off your mortgage. B. Bad debt. Your house should be standing long after you've paid off your mortgage. C. Bad debt. It would be more cost effective to rent. D. Good debt. Owning a home is cheaper than renting. b. Home equity line of credit to build a new patio. (Select the best answer below.) A. Good debt. A home equity line of credit helps your home appreciate in value. B. Good debt. A new patio should help your home appreciate in value. C. Bad debt. A new patio should help your home appreciate in value. D. Bad debt. A new patio will not help your home appreciate in value