Answered

Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

What term can be used to describe the situation where your fixed and variable expenses are higher than your net income.(1 point)

A. saving

B. autonomous consumption

C. negative budgeting

D. dissaving

Sagot :

anthougo

The term that describes the situation where fixed and variable expenses are higher than net income is D. dissaving.

Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.

Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.

Thus, dissaving means negative saving or spending more than income.

Learn more: https://brainly.com/question/13954775

Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.