The best approach to solving the problem of an annual budget deficit is generally to
A)liquidate enough savings to make up the deficit.
B)sell stock to make up the deficit.
C)reduce flexible expenses.
D)reduce fixed expenses.
E)get a part-time job.

Question

Quizplus · Accepted Answer

Reducing flexible expenses is often the most practical and immediate way to address a budget deficit, as these are typically non-essential and can be adjusted more easily than fixed expenses.

The Best Approach to Solving the Problem of an Annual