I personally think that both would be a good idea. It also depends on how bad the budget deficit is. if the government would raise taxes by like 1% it wouldn't be to bad. they could also not give as many funds to things that arn't important like maybe a science investigation that isn't very useful. but if they would decrease spendings on, for exaple medicare that would effect people in a not so good way. but if they raised taxes too much it could also effect people badly. hope this helped
In the supply curve and the demand curve, the equilibrium is reflected where the two curves intersect.
<u>Explanation:</u>
Equilibrium is fundamentally the condition in which the factors involved in the operation achieve balance of values with respect to each other. In the discipline of market economics, two major factors involved are that of supply and demand.
The equilibrium between supply and demand is achieved when the demand for a commodity or a service in the market is equal to the supply of the respective commodity or service.
When represented graphically, the condition of equilibrium is depicted through the intersection of the demand and supply curves.
Answer:
Check kiter.
Explanation:
What the exercise describes is a form of fraud commited with checks. The check kiter would take advantage of the float to make use of funds (that do not exist) in a bank account transforming a check in a form of unauthorized credit, like the exercise examplifies: Out of 2 accounts, you issue a check that overdraws their accout at bank 1, and then deposits a check in that account from their bank 2 to cover the first check. You "abuse" the float to make use of funds that don't exist.