Julia Was Reviewing Her Bank Statement for Last Month

question 137

Multiple Choice

Julia was reviewing her bank statement for last month. She had paid her rent, her car payment, electric and phone bills, and made three trips to the grocery. Julia had also bought tickets to an Ariana Grande concert and new clothes to wear to the concert. The money spent on Julia's rent, car, electric, and phone bills was likely from her ____ , while the money spent on the concert tickets and new clothes was from her _____.

• A)disposable income; savings
• B)gross income; disposable income
• C)disposable income; net income
• D)disposable income; discretionary income
• E)gross income; savings income

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Definitions:

Libertarian

A libertarian is an advocate for minimizing government intervention in personal and economic matters, favoring individual freedom and autonomy.

Income Redistribution

The policy or process by which income is transferred from some individuals to others through mechanisms like taxation, social welfare programs, or other governmental actions to reduce income inequalities.

Yin

In Chinese philosophy, the dark, feminine, passive force part of the Yin-Yang dualism that represents balance in the universe and nature.

Masculine Energy

A concept often associated with qualities such as assertiveness, strength, and independence, traditionally viewed as masculine traits.