____________ is the most preferred way for one to deal with budget deficits.
A)Liquidating one's savings and investments
B)Borrowing money from one's relatives
C)Cutting one's low-priority expenses
D)Increasing one's income

Question

____________ is the most preferred way for one to deal with budget deficits. ​
A)Liquidating one's savings and investments
B)Borrowing money from one's relatives
C)Cutting one's low-priority expenses
D)Increasing one's income

Quizplus · Accepted Answer

Cutting low-priority expenses is the most advisable way to deal with budget deficits as it does not involve incurring debt or sacrificing one's future financial security by liquidating savings and investments. Increasing one's income may not always be feasible, and borrowing money from relatives can strain relationships and lead to further financial complications.

____________ Is the Most Preferred Way for One to Deal