You are putting together your first post-graduation budget. Your take-home or net pay will be $2,500 per month. You estimate your monthly costs to be rent of $800, car payment of
$350, car insurance of $150, car maintenance of $50, entertainment of $500, food expense of
$250, cable bill of $75, mobile phone of $100, student loan payment of $100 and other
expense of $300. How would you describe your budget after analyzing all of your income and
expenses?
A. You have a surplus of $175
B. You have a deficit of $175
C. You have a deficit of $2,675
D. You have a surplus of $2,500

B) you have a deficit of 175

Step-by-step explanation:

Add up all of your costs per month and subtract that from your net pay.

ie: 2500-2675=-175

Since the answer is negative, and you don't make the extra $175 dollars needed to cover all your costs, it is a deficit.

If you made $2675 a month and your total expenses were 2500, then you would have a surplus of $175. Because it is money that you still have and don't need to use for anything specific.

  the correct choice is marked

step-by-step explanation:

the first two graphs show multiple turning points. the last graphs matches the description in every detail.