Your income is $40,000 per year; your expenditures are $45,000. You spend $10,000 of that $45,000 for
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Your income is $40,000 per year; your expenditures are $45,000. You spend $10,000 of that $45,000 for tuition. Is your budget in deficit or surplus? Why?
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It depends Your cash flow budget is in deficit since your e...View the full answer
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