If this budget is approved with no changes, the outcome is: The national debt will increase.
<h3>What is national debt?</h3>
National debt can be defined as the money a government of country or nation is owing or when government spending is greater that the revenue.
Hence, the correct option is B, because the federal government already has national debt of $12.6 trillion in which the congress has spending projection of $5.1 trillion while the expected tax revenue is $4.8 billion.
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#SPJ1
1.) Government Corruption
2.) Insufficient Funds
3.) Loss of Job Opportunities
4.) low economic growth
5.) Minimum wages are not sufficient enough to support families
Supply-side economics holds that increasing the supply of goods translates to economic growth for a country. In supply-side fiscal policy, practitioners often focus on cutting taxes, lowering borrowing rates, and deregulating industries to foster increased production.
Answer:
The Intercoastal Highway in South America is a highway that connects the western and the eastern coast of the continent, running through the countries of Peru and Brazil. The big positive of this highway is that it is connecting the eastern and western part of the continent, enabling for easier transportation of goods, and easier movement of people, which is of great economic benefit for everyone involved. On the other hand, there are also negatives, with the two biggest being the destruction of lot of tropical rainforest, and deaths of animals. In order for this highway to be built, enormous amount of trees and other vegetation have been cut down, which is always a problem. Also, the wild animals are not used to a highway running through their habitat, so they do not know how to react, very often being run over by the vehicles passing through.
Explanation:
