Answer: True
c. 43% Americans report using expensive alternative financial services, such as payday loans and pawnshops.
Answer: True
d. 37% Americans are financially fragile.
Answer: True
e. 44% Americans millenials say they have too much debt.
Answer: True
13. What type of exposition is the text above?
Answer: The text above with the title "Why Financial Literacy Matters" belongs to an analytical exposition text.
This can be seen from the last paragraph which shows reiteration, not recommendation.
14. “All one needs is to look at the financial crisis of 2008 to see the financial impact on the entire economy that arose from a lack of understanding of mortgage products (creating a vulnerability to predatory lending).”
Baca Juga: Jawab Soal Bahasa Inggris Kurikulum Merdeka Kelas XI Concluding Section 2, Listening No. 6-7
What does the sentence mean?
Answer: Because of the lack of understading financial literacy, it can make a country into a financial crisis like in 2008 era.
Nah, itulah pembahasan soal reading and writing pada buku Bahasa Inggris Kelas XI SMA/MA bagian Concluding Section 2.