reading comprehension1. The giving of credit _______________. The creditor―that is, the one who grants the credit―allows the debtor―the purchaser who uses the credit―to own and use a commodity immediately on the basis of deferred payment of cost plus interest. How the loan is granted varies. If one buys a car, one normally gets a direct loan from a financial institution. The buyer takes possession of the car and repays the loan, with interest, over a specified number of months, Meanwhile, the financial institution retains legal ownership of the car until the loan is repaid. Buying a house, though a more complicated process, is quite similar. (a) to businesses allows them to expand their operations (b) is an important part of the policy (c) is basically the granting of a loan (d) is not available to those with poor credit records. 2. Just like today's money, gold has advantages over other kinds of goods. In particular, _______________. From the time of the ancient world,...