If your annual budget shows a deficit, you can _____ to balance your budget.
A) increase your savings
B) increase your income
C) increase your expenses
D) increase your investments
E) purchase real property

Question

If your annual budget shows a deficit, you can  _____  to balance your budget.
A) increase your savings
B) increase your income
C) increase your expenses
D) increase your investments
E) purchase real property

Quizplus · Accepted Answer

The best way to balance a budget with a deficit is to increase your income. This can be done by finding ways to increase your earnings, such as getting a second job, negotiating a raise, or starting a side business. Increasing your savings or investments will not help you balance your budget, as it involves putting more money aside rather than earning more. Similarly, purchasing real property or increasing expenses would only add to the deficit.

If Your Annual Budget Shows a Deficit, You Can _____