<u>Answer: </u>Higher spending than taxing results in a deficit, which contributes to more debt.
<u>Explanation:</u>
Here the red bar is referred to the debt and the blue bar is referred to the spending. When the government spending is more it decreases the government revenue and creates a deficit in the funds. When there is deficit it means the government borrows funds for spending which increases the debts.
Government spending to improve the status of the economy in the country. It Invests is various activities for growth and development purpose. Only on collecting high taxes the revenue of the government will increase. When taxes collected are low the government revenue is also low.
Answer:
Demand schedule:
The Demand schedule refers to the tabular representation of the quantity demanded at the various price levels. By observing the demand schedule, we can conclude that as the price of the good increases then as a result the quantity demanded for that good falls. It represents various combination of price and quantity demanded.
Demand curve:
A demand curve refers to the graphical representation of the demand schedule which shows the relationship between the price of the commodity and the quantity demanded for that commodity. It is downward sloping curve which shows that there is an inverse relationship between the price of a good and the quantity demanded.
Requirement 1: [Find attachment 1]
Requirement 2: [ Find attachment 2]
Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Cost efficiency.
- Enhance output.
- Better Collaboration.
- Identify problem areas with ease.
- Prevention of delays.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Lack of Reliability.
- Complicated.
- Co-ordination vacuum between organizations.
- Trained and personalized personnel are required.
- Cost of execution.
<u>A buyer can overcome the disadvantages by the following point</u>:
- Your Emergency Strategy is referred to.
- Creating open communication channels.
- Ensure the level of customer satisfaction.
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