O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2025 · Q191 Mark

Monetary policy often involves a change in which variables?

Agovernment expenditure or taxes

Binterest rates or the money supply

Clabour market or trade union laws

Dtariffs or quotas

✓ Correct answer

B: interest rates or the money supply

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill Government and the macroeconomy and see which topics are most likely to come up next.

About this question

Topic: Government and the macroeconomy, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2025 Paper 1 Variant 1, question 19.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Economics questions

Government and the macroeconomyMay/June 20111m

In 2008, the government of Argentina imposed a tax on exports of wheat and soya beans. What was the most likely aim o…

Government and the macroeconomyMay/June 20111m

During 2009 some governments adopted policies to try to end the recession in their country and increase economic grow…

Government and the macroeconomyMay/June 20111m

Which type of unemployment is generally regarded by economists as the least serious for the economy?

The allocation of resourcesMay/June 20121m

A large shop selling clothes opened in a town. Its prices were much cheaper than other shops selling similar items. A…

The allocation of resourcesMay/June 20121m

What is not held constant in constructing a demand schedule?

The allocation of resourcesMay/June 20121m

A shop sells chocolate birthday cakes. When the price was $15 it sold 40 cakes. It reduced the price to $10 and sold …

← Browse all past-paper questions