Answer:
1. It is when a business spends more money than it collects.
Explanation:
Deficit is the under supply of a certain amount of money.
If you are trying to shorten that, it can be written like this; "My parents and the vet told me about different types of dogs."
The three friends used to be 'bad boys'. They believed that they could do many things. After seeing the presentation, they believed that they could accomplish really anything.