Monetary policy

Q1(d) Say how consumers are affected when interest rates rise.

Q2(a) Multiple choice picking the policy that changes interest rates (fiscal, supply-side, monetary or exchange rate).

Q3(e) Data response: how far monetary policy can bring unemployment down - France case (context: 7.2% unemployment and a 4.5% ECB rate).

Q2(d) Give the meaning of asset purchasing.

Q4(b) Data response: how inflation and interest rates relate - Canada case (context: 5.2% inflation against a 4.5% rate).

Q1(c) Give the meaning of monetary policy.

Q2(e) Name one benefit when a central bank like the European Central Bank buys assets.

Q3(d) Data response: how monetary policy brings US inflation down.

Q2(b) Multiple choice working an account balance after a year at 2% interest.

Q2(c) Name one thing a central bank does.

Q2(a) Multiple choice naming what a central bank does when it buys government bonds.

Q4(c) Data response: can monetary policy lift Mexican output?

Q2(b) Multiple choice working annual interest on GBP7 000 at 3%.

Q1(b) Multiple choice on what would most encourage saving.

Q2(b) Multiple choice on what a central bank does.

Q1(h) Data response: how monetary policy holds inflation down - Kenya case.

Q4(a) Work out a year's interest in yuan from the savings figures given.

Q4(c) Data response: weigh up monetary policy as a means of controlling inflation.

Q3(e) Data response: how far monetary policy can lift growth - China case.

Q1(c) Give the meaning of a central bank.

Q3(b) Multiple choice on what monetary policy changes.

Q4(a) Calculate the movement in Kenya's rate of interest from January 2018 to October 2018, as a percentage.

Q4(b) Data response: how monetary policy could push Kenyan inflation lower.

Q3(a) Multiple choice on which policy would most likely cut inflation.

Q1(c) Give the meaning of an interest rate.

Q1(d) Set out how consumers are affected when interest rates fall.

Q2(b) Multiple choice naming the policy that works through interest rates.