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_____ Accounting Measures the Deficit as the Difference Between Current

Question 2

Multiple Choice

_____ accounting measures the deficit as the difference between current spending and current revenues,while _____ accounting takes into account the change in the value of the government's net asset holdings.


A) Short-term; long-term
B) Long-term; short-term
C) Cash; capital
D) Capital; cash

Correct Answer:

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