What Is the Largest Single Financial Budget Item of the Average

question 16

Multiple Choice

What is the largest single financial budget item of the average American?

• A) Retirement
• B) Medical insurance
• C) Disability insurance
• D) Taxes
• E) Liability insurance

---

Definitions:

LEO

Stands for Low Earth Orbit, referring to satellites that orbit the Earth at altitudes between about 160 and 2,000 kilometers.

MEO

Stands for Medium Earth Orbit, referring to a satellite system placed at an altitude between low earth and geostationary orbits, often used for communication and navigation.

Global Coverage

The extent to which a service, such as telecommunications, is available worldwide or across a wide area.

GEO

Stands for Geostationary Earth Orbit, a circular orbit around Earth that matches the Earth's rotation, allowing satellites to appear stationary relative to a point on Earth.