Examlex

Solved

Select the Letter of the Answer That Arranges the Ideas

question 6

Multiple Choice

Select the letter of the answer that arranges the ideas that develop each topic sentence below in their order of importance. Begin with the most important (or largest, most severe, most surprising) and continue to the least important. According to financial experts, the ideal budget allots certain amounts of money for different types of expenses.
____ Taxes, including federal and state income taxes and property taxes, should amount to 25 percent or less of one's total income.
____ Living expenses, including the cost of electricity, food, clothing, and entertainment, should not exceed 26 percent of one's income.
____ Four percent of one's budget should go for insurance, including life, health, and auto insurance.
____ Housing (either rent or mortgage payments) plus other debts, including auto loans and credit-card payments, should not exceed 30 percent of income.
____ Everyone should set aside 15 percent of his or her income for saving or investing.


Definitions:

USMCA

The United States-Mexico-Canada Agreement, which is a trade agreement between these three countries intended to replace NAFTA.

Asia

A continent that is the largest and most populous, located primarily in the Eastern and Northern Hemispheres, known for its diverse cultures, languages, and economies.

Location Decision

The process of selecting a site for a business based on factors like cost, logistics, market demand, and resources, critical for operational efficiency and profitability.

Efficiencies

The ability to accomplish a job with a minimum expenditure of time and effort. The effectiveness of productive effort, especially in industry, as measured in terms of the rate of output per unit of input.

Related Questions