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A-LevelEconomicsMonetary PolicyOct/Nov 2017Paper 3 Q291 Mark

In 2011, the global money supply, narrowly defined, rose 11% and broadly defined money increased roughly 8%, as central banks continued efforts to keep interest rates low. What type of policy does this statement illustrate? A contractionary fiscal B contractionary monetary C expansionary fiscal D expansionary monetary

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) Oct/Nov 2017 examination, Paper 3 Variant 2. It tests the topic of Monetary Policy and is worth 1 mark.

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