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    International Economics Study Set 12
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    Exam 15: Exchange Rate Systems and Currency Crises
  5. Question
    Currency Devaluation and Revaluation Are Considered to Be Expenditure-Changing Policies
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Currency Devaluation and Revaluation Are Considered to Be Expenditure-Changing Policies

Question 62

Question 62

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Currency devaluation and revaluation are considered to be expenditure-changing policies since they alter a country's aggregate demand for goods and services.

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