5
QuizMultiple Choice

Budgeting — Quiz

Question 5 • Economics

What type of expense is an example of the cost to drive to and from work?

Answer
A
a short-term expense.
B
a fixed expense.
C
a discretionary expense.
D
a variable expense.

Explanation

The cost of driving to and from work usually changes with how much you drive and the price of fuel. That makes it a variable expense, rather than a fixed expense that stays about the same each month.

AI-written and checked against the verified answer.

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