rk has $500. Clark spent $100 buying food for his pets, $125 to buy groceries, and $250 to repaint his living room. Is this an example of a balanced budget?
Question
rk has $500. Clark spent $100 buying food for his pets, $125 to buy groceries, and $250 to repaint his living room. Is this an example of a balanced budget?
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Solution 1
No, this is not an example of a balanced budget. Here's why:
- Clark started with $500.
- He spent $100 on pet food, $125 on groceries, and $250 on repainting his living room.
- If you add up all his expenses, it comes to $100 + $125 + $250 = $475.
- Clark has spent less than his initial amount Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
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