Define the following pairs of terms and explain the similarity, difference or relationship between the terms: Expenditure changing...

90.2K

Verified Solution

Question

Finance

Define the following pairs of terms and explain thesimilarity, difference or relationship between theterms:
Expenditure changing and switching policies
Gold standard and gold exchange standard

Answer & Explanation Solved by verified expert

4.0 Ratings (615 Votes)

Expenditure changing policy influence income and employment for equating domestic expenditure or absorption and production and assumes the form of fiscal or monetary policy Expenditure switching refers to a macroeconomic policy that impacts the constitution of a countrys expenditure on international and national goods It is a policy to balance a countrys current account by modifying the constitution of expenditures on foreign and domestic goods Expenditure changing and switching policies play See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Define the following pairs of terms and explain the similarity, difference or relationship between the terms: Expenditure changing...

90.2K

Verified Solution

Question

Finance

Define the following pairs of terms and explain thesimilarity, difference or relationship between theterms:
Expenditure changing and switching policies
Gold standard and gold exchange standard

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Transcribed Image Text

Other questions asked by students

Define the following pairs of terms and explain the similarity, difference or relationship between the terms: Expenditure changing...

90.2K

Verified Solution

Question

Finance

Define the following pairs of terms and explain thesimilarity, difference or relationship between theterms:Expenditure changing and switching policiesGold standard and gold exchange standard

Answer & Explanation Solved by verified expert

Get Answers to Unlimited Questions

Membership Benefits:

Transcribed Image Text

Other questions asked by students

Define the following pairs of terms and explain thesimilarity, difference or relationship between theterms:
Expenditure changing and switching policies
Gold standard and gold exchange standard