Economics 9708 · AS & A Level · Externalities

Externalities — practice question

Which option shows the correct result for the policy choice?

  • Adepreciation of the exchange rate: encourages more exports, which also means greater employment
  • Bhigher interest rates: attracts hot money inflows, and is an incentive for more consumer spending
  • Cdecreased government spending: more workers will be employed, and more imports will be bought
  • Dreduction in income taxes: increases consumer spending, with increased demand for exports

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