The best approach to solving the problem of an annual budget deficit is generally to
A) liquidate enough savings to make up the deficit.
B) sell stock to make up the deficit.
C) reduce flexible expenditures.
D) reduce fixed expenses.
E) get a part time job.

Question

Quizplus · Accepted Answer

Reducing flexible expenditures is often the most practical and immediate way to address a budget deficit, as these are non-essential expenses that can be adjusted without major lifestyle changes.

The Best Approach to Solving the Problem of an Annual