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Economics

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Lenore Murphy

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Cards in this guide (20)
What is gross pay to date

Gross pay to date is the amount of money an employee has earned, up to a certain date, before taxes are taken out. After taxes are taken out it is called net pay.

Which of these is an example of a fixed expense

Rent

food

car payment

electric bill

Which of these is the best description of a standard of living

It is the amount of material goods and luxuries that can be afforded compared to a person's income level.

Which term represents budget items that change in value from month to month

variable expenses

A theorem is a statement that is deductively proven to be true

True

Which of these is the best description of fixed expenses

the budget items that do not vary from month to month.

Which of these is the best description of an expense budget

It is a plan that shows how money will be saved and spent over a period of time.

Hey I needed that answer but it's pretty cool my sister posted it and I had no clue!! :P

-Stephy

This is Paula's monthly budget What percent of her expenses is spent on insurance

20Given Paula's monthly budget, the percentage of expenses spent on insurance can be determined by subtracting all the other expenses from the monthly budget, which leaves you with the anoint spent on insurance.

What is net pay on a pay slip

The amount you take home. Net pay is the gross pay less all deductions.

How much of the circle would be shaded for the total of housing food insurance and transportation

over 75

Which of these should represent the smallest portion of your budget

mis

Why does monetary policy more directly influence businesses and individuals than fiscal policy does

on A+: because of its effect on interest rates :))

What is the maximum amount Susan is willing to pay on rent

630

Which of these does not describe a total consumption budget

it is designed to reach short-term goals

Paula prepared the following budget how much discretionary income does Paula have each month

4

Which of th following is true statement about the use of antidepressant medication and the treatment of ADHD

Though they are not as effective as stimulants, they are useful when stimulants don't work

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.

This is the Reed family budget. How much discretionary income does the family have each month

474

Based on the information in the chart which of these statements is true

Based on the information in the chart, which of these statements is true?

When This is the monthly budget for the reed family. What percentage of expenses is spent on utilities

Divide the utility expense by the monthly budget. Multiply the result by 100.

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