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Unit Test

Question 1 • $2526: Full: 2102320: Economics HONORS: NEW CREDIT

A fixed expense is one for which the amount is , and it should be considered other expenses.

Answer
A
estimated
B
known
C
unknown

Explanation

A fixed expense is a cost whose amount is known and generally stays the same over a period of time. For example, a monthly rent payment is usually predictable, unlike an unknown or estimated expense. So the correct choice is “known.”

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