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Economics (AS & A Level) · Oct / Nov 2021 · Paper 13 · Question 28

9708Monetary policy

What is an example of the use of monetary policy?

  1. Aa cut in the rate of corporation tax
  2. Ba reduction in interest rates
  3. Ca switch from direct to indirect taxation
  4. Dthe introduction of maximum price controls to reduce inflation

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Correct answer: B. a reduction in interest rates

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