Christian' s wage is $600; his university gives him $100 scholarship allowance; he pays a rent of $200; his shopping bill is $100; he receives an interest on her savings account for $50 (paid in the savings account); he buys a DVD player for $70. Which statement is NOT correct? A. His expenses are $370. B. His transactional account increases by $330. C. His total income is $750. D. His surplus

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 24AA
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Christian' s wage is $600; his university gives him $100 scholarship allowance; he pays a rent of $200; his shopping bill is $100; he receives an interest on her savings account for $50 (paid in the savings account); he buys a DVD player for $70. Which statement is NOT correct? A. His expenses are $370. B. His transactional account increases by $330. C. His total income is $750. D. His surplus is $450.
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