"Big Spenders" Focus Their Budgeting Decisions on

question 31

Multiple Choice

"Big spenders" focus their budgeting decisions on

• A) reducing expenses.
• B) increasing income.
• C) spending most of their income.
• D) saving most of their income.

---

Definitions:

Potential Bias

The possibility of prejudice or partiality in judgment, decision-making, or representation that could affect outcomes or data.

Official Statistics

Data collected and published by government agencies or other official organizations.

Median

The middle value in a data set, where half the numbers are lower and half are higher.

Mean

In mathematics, the average or central value of a set of numbers, calculated by dividing the sum of the values in the set by the number of values.