What can you do if your budget shows an annual budget deficit?
A) Liquidate enough savings and investments to meet the total budget shortfall for the year.
B) Borrow enough to meet the total budget shortfall for the year.
C) Cut low-priority expenses from the budget.
D) Increase Income.
E) All of the above.

Question

Quizplus · Accepted Answer

All the options are viable solutions to address an annual budget deficit: liquidating savings, borrowing, cutting expenses, and increasing income can all help balance the budget.

What Can You Do If Your Budget Shows an Annual