A-LevelEconomicsGovernment macroeconomic intervention9708/32 · May/June 2017 · Q291 Mark
In the short run, which policy measure would tend to reduce a country's balance of payments deficit but increase its inflation rate?
- In the short run, which policy measure would tend to reduce a country's balance of payments deficit but increase its inflation rate? A a decrease in the level of import tariffs B an appreciation of the country's currency C an increase in the level of indirect taxes D a reduction in government spending[1]
Mark scheme
Marking points from the official mark scheme (May/June 2017). The mark or mark type is shown in brackets.
- [1] C
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