Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
<u>Solution and Explanation:</u>
GDP is calculated as follows:
Y = C + G + I + NX
where
C = Consumption
G = Government Expenditure
I = Investment
NX = Net Exports
It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.
Answer:
A) Does not change the money supply.
Explanation:
Demand deposits change the monetary base, because the monetary base equals currency plus demand deposits.
However, in itself, a demand deposit does not change the money supply. For the change in the money supply to occur, the bank must loan out some of the money in the deposit.
Planning, organizing,leading, and controlling
We are forced to make choices in our day to day life because our resources are limited.
An example of this limited resources is our financial resources, we need to work to earn money to buy our necessities to live a comfortable life. Simply put, no work no pay. No pay, no food. No food, no life. So, no choice but work.
