ECONOMICS
BUDGETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A(n) ____ is when you spend more money than you have in your account.
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overdraft
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endorsement
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overage
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reserve
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Explanation:
Detailed explanation-1: -An overdraft allows you to spend more money than you have in your bank account-up to a limit agreed with your bank. You only pay interest on the overdraft money you use.
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