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Economics · May / June 2016 · Paper 11 · Question 17

2281Monetary policy

What is an expansionary monetary policy?

  1. Aa decrease in the interest rate
  2. Ba decrease in the rate of value added tax
  3. Can increase in the power of trade unions
  4. Dan increase in the standard rate of income tax

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Correct answer: A. a decrease in the interest rate

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