If You Receive a Paycheck for $375 and Pay Out

question 154

Multiple Choice

If you receive a paycheck for $375 and pay out $265 in bills, what do you have left?

• A)$325
• B)$120
• C)$101
• D)$110

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Definitions:

Consumption Levels

The amount of goods and services consumed by an individual or population.

Base Year

A point of reference year used for comparative purposes, especially in economic indices and statistics.

Laspeyres (Fixed-Weight) Price Index

A method of calculating price changes over time, using the quantities of the base year as weights.

Energy Costs

These are expenses associated with the consumption of energy, including costs for fuel, electricity, natural gas, and other energy sources.