A presidential candidate vows to cut entitlement spending by 20 percent in the first few weeks that he is in office. Which of the following are likely reasons as to why the candidate could not achieve this reduction? Instructions: You may select more than one answer.

The budget process is usually a very slow process and reform takes time
This would generate a significant budget deficit.
Congress, not the president, controls entitlement spending. Entitlement spending is a discretionary type of spending.
Entitlement spending is mostly non-discretionary.
Entitlement spending is subject to FICA withholding.

Factors like the unemployment rate,the stock market,global trade,economic policy,and the economic situation of other countries have no influence on the financial status of individuals. true or false

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding

The demand curve determines equilibrium price in a market. is a graphical representation of the relationship between price and quantity demanded. depicts the relationship between production costs and output. is a graphical representation of the relationship between price and quantity supplied.