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Author Question: The government's ability to alter expenditures in its economy between imports and exports by ... (Read 44 times)

vicky

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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.



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CharlieArnold

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Answer to Question 1

A

Answer to Question 2

A




vicky

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


adammoses97

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Reply 3 on: Yesterday
Wow, this really help

 

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