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Expenditure switching refers to
A. a switching back and forth between investment and consumption expenditures.
B. a switching back and forth between domestic and foreign goods in response to changes in the exchange rate.
C. a switching of back and forth in the current account from a deficit to a surplus and vice versa.
D. a switching back and forth between domestic and foreign goods in response to changes in the interest rate.
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Expenditure switching refers to
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