A-LevelEconomicsThe macroeconomy9708/32 · May/June 2020 · Q261 Mark
The table gives population data from the United Nations. | | income level | price level | interest rate | |---|---|---|---| | A | fall | fall | rise | | B | fall | rise | fall | | C | rise | fall | rise | | D | rise | rise | fall |
- (a)Which combination of changes is most likely to result in an increase in the demand for money? A income level: fall, price level: fall, interest rate: rise B income level: fall, price level: rise, interest rate: fall C income level: rise, price level: fall, interest rate: rise D income level: rise, price level: rise, interest rate: fall[1]
Mark scheme
Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.
- [1] D
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