Suppose that your net income for the month is 1500 and that your total expenses are 2500 which statement is accurate?
a. you have a surplus of 1000
b. you have a surplus of 4000
c. you have a deficit of 1000
d. you have a deficit of 1500

C. you have a deficit of 1000

Explanation:

We say that we have a surplus when the net income is more than the total expenses, while we say that we have a deficit when the net income is less than the total expenses.

In this case, the net income is 1500, which is less than the total expenses (2500): so, we have a deficit. In order to calculate the deficit, we can use the formula

deficit = total expenses - net income

Substituting the data of the problem, we find

deficit = 2500 - 1500 = 1000

think the answer would beb