3. Which of these does not describe a total consumption budget?
A. It is designed to reach short-term goals.
B. It is proportioned with as many expenses as income.
C. It is designed for the goal of paying all monthly expenses
D. It does not allow for discretionary income.

Question

3. Which of these does not describe a total consumption budget?
A. It is designed to reach short-term goals.
B. It is proportioned with as many expenses as income. 
C. It is designed for the goal of paying all monthly expenses
D. It does not allow for discretionary income.

whystudyalone3 · Answer

@lily.15

whystudyalone3 · Answer

6.  Which statement about fiscal policy is not true?
A. It deals with the manner in which will be spent in order to influence the economy. 
B. It refers to the adjustment of an economy’s money supply by a central bank. 
C. It is the system of revenue. 
D. It centers on aggregate demand. 

7. Which type of interest is better to have when applying for a loan?
A. both
B. compound 
C. simple

whystudyalone3 · Answer

@InstagramModel @Lord2clash @zepdrix

lily.15 · Answer

sorry for late reply. the first one is D because it does allow discretionary income

whystudyalone3 · Answer

That's okay!!! thanks!
19. Which of these statements is true
A. Interest is paid in advance at the beginning of the loan term on a discount term
B. Interest is paid in four equal installments on a discount loan
C. Interest is paid at the end of the loan term on a discount loan
D. Interest is paid monthly on a discount loan.

whystudyalone3 · Answer

@InstagramModel @Qwertty123 
25. Which of these is the best description of delinquency?
A. It is a legal declaration that one is unable to repay his or her debts
B. It is the condition whereby the scheduled repayment of a loan has not been received by a specified due date
C. It ends all legal rights of a homeowner if mortgage payments are not made 
D. It is the failure to repay a loan

lily.15 · Answer

i'm not really sure of these ones but here's what I would do : For question 6: B and C are true about fiscal policy which remain A and D. Fiscal Policy affects aggregate demands so I guess the one that "isn't true" about fiscal policy is A. But i'm not 100% sure! For question 7: read this website to figure out (i have to go and didn't have time to read the website) http://www.investopedia.com/articles/investing/020614/learn-simple-and-compound-interest.asp Sorry i have to go now i don't have enough time to figure out what the other answers are!

whystudyalone3 · Answer

okay thank you!!!!!

lily.15 · Answer

your welcome! bye :)

projectbabyy · Answer

what else do you need help with @whystudyalone3