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Earn +20 ptsQ: Why is it harder to estimate expenses than to estimate income?
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What is the relationship between income and expenses before a break-even point is reached?
Before the break even point, total expenses exceed total income and there is a loss made.
Why a budget line sloping downward?
Because the expenses are greater than the income.
How hard is gold?
Gold can be both soft and hard depending on how pure it is, pure gold (24K) is softer than a gold alloy. And the lower the number the harder it is. 10K is harder than 14K, 14K is harder than 18K, and 18K is harder than 24K (pure gold).
What occurs when expenses are greater than revenue?
loss
What portion of total income earned by Americans is unearned income or income other than earned income?
Mmhg
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