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04-06-2024
Business

Answered

Which of the following statements about ‘The Pie’ metaphor covered in the lecture are TRUE:
a. The size of ‘The Pie’ is symbolic of total income each month, which is determined by personal, investment and any other income received.
b. Planning for the future mainly involves anticipating large expenses or cash outflows over the next few years and carefully implementing savings plans to gradually save towards them.

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