All of the following would be included in planned aggregate expenditure EXCEPT:
A. sales to foreigners of domestically-produced goods.
B. social security payments.
C. planned changes in inventories.
D. purchases of services provided by government employees.
Answer: B
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a. Raising the reserve ratio. b. Buying government securities. c. Selling foreign currency in the foreign exchange market. d. Raising the discount rate. e. All of the above.
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