Question

HELP PLEASE ASAP!!

Which of the following expenses would most likely be reduced during hard times in both a household budget and a national budget?

fixed expenses, like a mortgage or a debt payment
luxury expenses, like new TVs or funding for recreation
necessary expenses, like food or national security
variable expenses, like food and education spending

Answer 1

The answer is b :)

Step-by-step explanation:

Answer 2

I believe the answer would be luxury expenses.