If the Government of Kenya Implemented a Policy That Decreased

question 181

Multiple Choice

If the government of Kenya implemented a policy that decreased national saving, its real exchange rate would

• A)depreciate and Kenyan net exports would rise.
• B)depreciate and Kenyan net exports would fall.
• C)appreciate and Kenyan net exports would rise.
• D)appreciate and Kenyan net exports would fall.

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Definitions:

Willing

The state of being prepared to do something; readiness.

Functioning of Government

Encompasses the operations and actions through which governmental bodies implement policies, provide services, and enforce laws for societal order and welfare.

Tools of Economics

The set of methodologies, techniques, and concepts used by economists to analyze and understand the workings of economic systems.

Economics

The academic discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to meet their endless desires.