A government deficit can affect the circular flow of income because the government spending could drop due to the deficit and the economy could slow down.
<h3>What is a
government spending?</h3>
It refers to the total money spent by the public sector on the acquisition of goods and provision of services such as education, healthcare, social protection, defense etc.
A government budget deficit arises from an excessive government spending and low levels of taxation that don't cover expenditure.
Hence, the government deficit can affect the circular flow of income because the government spending could drop due to the deficit and the economy could slow down.
Therefore. the Option C is correct.
Read more about government spending
brainly.com/question/25125137
#SPJ1
Direct satisfaction is what it means to you. It means someone really likes it or not. What would they be willing to pay for it to satisfy their need.
Indirect satisfaction is jobs it creates, salaries, popularity
<span>Control management is based on the principles of job specialization and the division of labour. This is the assembly line style of job specialization where employees are given a very narrow set of tasks or one specific task.</span>
Answer:
Please see explanation
Explanation:
The following journal entry shall be recorded in the accounts of Weld-Rite Company in respect of salaries expense to be accrued as at December 31:
Debit Credit
Salaries expense $3,600
(6,000/5*3)
Salaries payable $3,600
