Expenditure Switching Refers to

question 56

Multiple Choice

Expenditure switching refers to

• A)a switching back and forth between investment and consumption expenditures.
• B)a switching back and forth between domestic and foreign goods in response to changes in the exchange rate.
• C)a switching back and forth between domestic and foreign goods in response to changes in the interest rate.
• D)a switching of back and forth in the current account from a deficit to a surplus and vice versa.

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Definitions:

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