C) From deciphering the writing they left behind
False because it shouldn’t be flexible
<u>Answer:</u>
An annual budget that includes income and expenses for ongoing operations is the Operating Budget of the government.
<u>Explanation:</u>
- In order to carry out its own expenses, the government needs to devise well in advance the provisions that are needed to be done for the said expenses.
- In order to determine the means through which the revenue for these expenses is to be fetched, the government prepares an operating budget and presents it in front of the houses.
- This budget is different than the national budget of the country.
Examples are used to "exemplify" a situation. Hence, we take an abstract theory and we make it more approachable by showcasing some details. Hence, we have that the example makes abstract idea more concrete. The first 2 choices are wrong since they state the opposite. The 3rd choice is rather irrelevant, examples can make it more or less didactic. Hence, the 4th choice is correct.
the demand can be said to be inelastic
