Which budget expense and financial activity are correctly matched? O Fixed expense: $800 monthly rent. Fixed expense: $100 or more monthly for restaurant meals. Variable expense: $120 monthly cellphone bill. Variable expense: $250 monthly student loan payment.
Which budget expense and financial activity are correctly matched? O Fixed expense: $800 monthly rent. Fixed expense: $100 or more monthly for restaurant meals. Variable expense: $120 monthly cellphone bill. Variable expense: $250 monthly student loan payment.
Chapter1: Making Economics Decisions
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Transcribed Image Text:Which budget expense and financial activity are correctly matched?
BOFixed expense: $800 monthly rent.
Fixed expense: $100 or more monthly for restaurant meals.
Variable expense: $120 monthly cellphone bill.
Variable expense: $250 monthly student loan payment.
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