Note AcademyNote Academy

Economics (AS & A Level) · Feb / March 2025 · Paper 12 · Question 23

9708Monetary policy

A country's central bank decides to reduce the level of credit regulation. What is this an example of?

  1. Acontractionary fiscal policy
  2. Bcontractionary monetary policy
  3. Cexpansionary fiscal policy
  4. Dexpansionary monetary policy

As printed in the paper

Show the answer

Correct answer: D. expansionary 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.