Note AcademyNote Academy
Start

Economics (AS & A Level) · Oct / Nov 2024 · Paper 33 · Question 20

9708Monetary policy

How would decreasing interest rates be most likely to reduce unemployment?

  1. Aby decreasing the borrowing costs of business
  2. Bby decreasing the government's budget deficit
  3. Cby increasing the foreign exchange rate of the currency
  4. Dby increasing the opportunity cost of spending

As printed in the paper

Show the answer

Correct answer: A. by decreasing the borrowing costs of business

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.