During 2017,Michael and Jenny Jones expect total income of $215,000 and are budgeting total expenditure of $195,000.For this budget period,the Jones family is most specifically a:

Question

Quizplus · Accepted Answer

A surplus spending unit is one where income exceeds expenditure, which is the case for the Jones family as their income ($215,000) is greater than their expenditure ($195,000).

During 2017,Michael and Jenny Jones Expect Total Income of $215,000