Economics (AS & A Level) · May / June 2024 · Paper 42 · Question 4

In 2022, many countries experienced a high rate of inflation caused by disruptions to the supply of goods and services arising from the Covid-19 pandemic and the conflict between Russia and Ukraine. In one country, the government cut taxes and the central bank raised interest rates. Evaluate the likely impact of these policies on that government’s ability to control inflation. [20] OR

Read automatically from the paper; the printed page above is exact.