Introduction to Economics 2 Deneme Sınavı Sorusu #349976

Which one of the following is not true about expenditure-changing policies?


They are the fiscal and monetary policies.

 

They change the volume of the total expenditure.

 

They switch the total expenditure from imported commodities to domestic commodities or vice versa.

 

The instruments of the fiscal policy are the public expenditure and taxes.

The instruments of the monetary policy are the open market operations, reserve requirements and discount rates.


Yanıt Açıklaması:

Expenditure-switching policies are the policies which switch the total expenditure from imported commodities to domestic commodities or vice versa.

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