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Consumer math help please 1. When your expenses are more than your income, you have? asset , excess expenses, a surplus, or a deficit????
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thats number 2 ^
Deficit, because that means you don't have enough (money in your sense)of something.
can you help me with another quiz?
Ya what is it? Type it in the chat.
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if you get a 2% raise, and the inflation goes up by 3% 2% meaning you get 2% more from whatever your paycheck is inflation goes up by 3%, so what you buy is 3% more expensive than before keep in mind that raising someone's pay often times is just a way to keep up with rising prices so very likely after your 2% raise, and the inflation rate changes, you'd end up more or less making the same amount as before in today's dollars
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