mihaiparaschiv852 mihaiparaschiv852
  • 10-09-2020
  • Business
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The President asks Congress to approve a budget in which individual income taxes are raised by 5%. Explain how this could affect the circular flow model.

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chezxzeo28
chezxzeo28 chezxzeo28
  • 10-09-2020

Answer:

With no budget, Congress must pass a continuing resolution to fund the government temporarily. ... If Congress can't agree on 12 separate appropriations bills, it can pass an Omnibus bill that includes multiple funding areas. If the President signs that, the budget becomes law and goes into effect.

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kaydenkoers2018
kaydenkoers2018 kaydenkoers2018
  • 10-09-2020
The answere is what the first guy said
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