How might a government deficit affect the circular flow of income?
O Taxes could be increased to fix the deficit, giving
consumers more money to spend.
O Taxes could be decreased to fix the deficit, giving
consumers less money to spend.
O Government spending could rise due to the deficit,
and the economy could grow.
Government spending could drop due to the deficit,
and the economy could slow down.

George works in a factory and is a member of the labor union. he thinks his wages are low for the work that he does, so he tells the union representative that his employer should increase his wages. the representative asks the other workers if they feel the same, and they all agree. the following week, the union representative met with the factory owner regarding an increase in wages, and the employer agred to it. what strategy did the union use to get the owner to agree to increase wages? a individual bargaining b. threaten to go on a strike c. collective bargaining d. threaten to quit their jobs e filing a petition to the government reset next ntum. all rights reserved.