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    International Economics Study Set 12
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    Exam 15: Exchange Rate Systems and Currency Crises
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    Which of the Following Is an Example of an Expenditure-Reducing
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Which of the Following Is an Example of an Expenditure-Reducing

Question 35

Question 35

Multiple Choice

Which of the following is an example of an expenditure-reducing policy?


A) a devaluation of the par value of a currency
B) a decrease in government spending
C) a decrease in import duties
D) a decrease in business taxes

Correct Answer:

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