Business, 30.09.2019 23:00 lilinicholeb
Gina has a net spendable income of $1,600. she must pay at least $100 per month to pay off her debts. however, she puts together the following budget for her main expense categories.
housing $510
food $204
transportation $255
insurance $51
debts $207
entertainment $85
clothing $85
savings $55
medical $68
miscellaneous $80
how is she able to pay so much money on her debts?
a)she is going over budget.
b)she is putting less than the recommended percentage of her income into the savings category.
c)she is putting the minimum recommended percentage of her income into all categories except debt.
d)she is putting less than the recommended percentage of her income into the clothing, medical, and miscellaneous categories.
Answers: 1
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The movement of an economy from one condition to another and back again
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The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.
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Gina has a net spendable income of $1,600. she must pay at least $100 per month to pay off her debts...
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