Question

with a zero sum monthly budget, what should total expenses equal?
○ doesnt matter if it is less than income
○ gross monthly income
○ net monthly income

the average monthly electric bill for a 1 - bedroom apartment in georgia is typically between
○ $90 and $150 per month
○ $40 and $100 per month
○ $10 and $1,000,000

Explanation:

First Question (Zero - sum monthly budget)

In a zero - sum monthly budget, the total expenses should equal the net monthly income. A zero - sum budget means that every dollar of income is allocated to a category (either for expenses, savings, or debt repayment). Gross income is before deductions like taxes, while net income is what is available to be budgeted. So the correct option is the one related to net monthly income.

The average monthly electric bill for a 1 - bedroom apartment in Georgia is typically between $90 and $150 per month. The range of $40 - $100 is too low for a typical 1 - bedroom apartment's electric bill in Georgia, and the range of $10 - $1,000,000 is unrealistic as it has an extremely wide and non - practical upper limit.

Answer:

C. net monthly income (assuming the options are labeled A, B, C with A: doesn't matter if it is less than income, B: gross monthly income, C: net monthly income)

Second Question (Average monthly electric bill for a 1 - bedroom apartment in Georgia)