Question

Andrea has had a savings account for ten years. She noticed over the last two years that the interest rates on her savings account went up in the first year and down in the second year. Which of the following budget scenarios BEST explains this transition?

A.
a budget surplus two years in a row
B.
first a balanced budget, then a deficit
C.
first a balanced budget, then a budget surplus
D.
first an unbalanced budget, then a balanced budget

Answer 1

B

Step-by-step explanation:

Answer 2

B. first a balanced budget, then a deficit

Step-by-step explanation:

If the interest is high I will have more money and if it is down I will have less money that correspond to a balanced budget and a deficit (lack of money).

Hope it helps