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Economics (AS & A Level) · Feb / March 2022 · Paper 12 · Question 29

9708Monetary policy

An increase in which variable is a contractionary monetary policy?

  1. Athe budget deficit
  2. Bthe budget surplus
  3. Cthe interest rate
  4. Dthe money supply

As printed in the paper

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Correct answer: C. the interest rate

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