According to A Citizen's Guide to the Federal Budget, a budget deficit is defined as, "the difference produced when spending exceeds revenues in a fiscal year." Paraphrase the definition and explain how a budget deficit occurs.

well considering i can't see the graph, it's probably prices

recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.