Note AcademyNote Academy
Start

Economics · May / June 2019 · Paper 12 · Question 20

2281Monetary policy

The table shows possible sequences between the rate of interest and other economic variables. Which sequence is the most likely?

  1. Ahigher, decrease, increase, increase
  2. Bhigher, increase, decrease, decrease
  3. Clower, decrease, decrease, decrease
  4. Dlower, increase, increase, increase

As printed in the paper

Show the answer

Correct answer: D. lower, increase, increase, increase

Sit this whole paper →More on Monetary policy

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.