The Minimum Amount That Must Be Maintained in an Account

question 82

True/False

The minimum amount that must be maintained in an account is called the maintenance margin.

---

Definitions:

Budget

An estimate of income and expenditure for a set period of time.

Budget Line Equation

An economic model that represents all combinations of goods and services that a consumer may purchase given current prices within their income level.

Entertainment Budget

An estimate of the money allocated for leisure and entertainment activities within a certain period.

Electronic Matrix

A spreadsheet.