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What is total consumption budget?

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Anonymous

9y ago
Updated: 3/14/2022

A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.

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Mohamed Purdy

Lvl 10
3y ago

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Related Questions

What is a total disadvantage to having a total consumption budget?

With a total consumption budget, there is no net income or savings.


What is the primary disadvantage to having to having a total consumption budget?

With a total consumption budget, there is no net income or savings.


What is primary disadvantage to having a total consumption budget?

With a total consumption budget, there is no net income or savings.


What is a total consumption budget?

Total income spent on the consumption of goods and services.


What is a consumption budget?

A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.


When To ensure that you do not have a total consumption budget which two categories should be added to your budget?

savings and miscellaneous


To ensure that you do not have a total consumption budget which two categories should be added to your budget?

savings and miscellaneous


What two categories should be added to your budget?

to ensure that you do not have a total consumption budget, which two categories should be added to your budget?


What is the primary disadvantage of having a total consumption budget?

there is no discretionary income


Which of these does not describe a total consumption budget?

it is designed to reach short-term goals


If you have a total consumption budget what should you do to ensure you have enough money saved for emergencies and meeting long-term goals?

Review your budget and make adjustments so that you can add savings and miscellaneous categories to the budget.


What was the Production Budget for Total Recall?

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