The government's ability to alter expenditures in its economy ...

[vicky]

The government's ability to alter expenditures in its economy between imports and exports by enacting policies to change their relative prices is known as
 
  A) expenditure-switching instruments.
  B) trade drivers.
  C) tariff tools.
  D) absorption instruments.

Question 2

During the course of an economic contraction, it is likely that a country would experience
 
  A) a currency depreciation as explained by the absorption approach.
  B) a currency appreciation as explained by the absorption approach.
  C) a currency depreciation as explained by the elasticities approach.
  D) a currency appreciation as explained by the elasticities approach.

[CharlieArnold]

Answer to Question 1

A

Answer to Question 2

A

[vicky]

Excellent

[AmberC1996]

TYSM