As conventionally measured, budget deficit and surplus calculations include the revenues and expenditures of
a. only current government operations; government trust funds are omitted.
b. all government trust funds except Social Security.
c. the Social Security Trust Fund, but other government trust funds are omitted.
d. all government trust funds, including Social Security.
D
Economics
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A fall in the level of prices
A) does not affect the value of money. B) has an uncertain effect on the value of money. C) increases the value of money. D) reduces the value of money.
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Since the advent of flexible exchange rates, world trade has not only continued but also expanded
a. True b. False Indicate whether the statement is true or false
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