Question 9 Time Which of the following answers is true about the prime rate? Not yet answered Marked out of 1.00 Select one: O a. It is the annual interest rate set by the Bank of Canada. Flag question O b. Canada's major banks and financial institutions use it to set interest rates for variable loans and lines of credit, including variable-rate mortgages. . It always remains the same. O d. Both A and B. Question 10 The most common form of revolving credit is: Not yet answered Select one: Marked out of 1.00 O a. secured credit O b. Flag question the credit card O c. installment credit O d. a line of credit Question 11 The two most common uses of debt by consumers are: Not yet answered Marked out of 1.00 Select one: O a. mortgages and appliances Flag question O b. car loans and mortgages O c. cell phones and car loans O d. cell phones and appliances