ECONOMICS (CBSE/UGC NET)

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ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Research shows that nearly half of Americans (46%) feel stress and anxiety about the amount of ____ they have.
A
Money
B
Debit cards
C
Categories in their budget
D
Personal debt
Explanation: 

Detailed explanation-1: -Keep Track, Save Money Only 32% of U.S. households prepare a monthly budget.

Detailed explanation-2: -Gross profit is the money left over after a company’s costs are deducted from its sales. Gross margin is a company’s gross profit divided by its sales and represents the amount earned in profit per dollar of sales. Gross profit is stated as a number, while gross margin is stated as a percentage.

Detailed explanation-3: -What does a budget show you? Detailed categories on your budget will help you make better spending decisions. A budget says what will happen with your money, while a cash-flow statement shows what already happened.

Detailed explanation-4: -Fixed expenses generally cost the same amount each month (such as rent, mortgage payments, or car payments), while variable expenses change from month to month (dining out, medical expenses, groceries, or anything you buy from a store).

There is 1 question to complete.
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