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2.4 Financial markets and monetary policy (A-level only)

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Question 4

Which one of the following combinations correctly identifies the authority responsible for setting the UK CPI inflation target and the authority responsible for setting the official Bank Rate?

A

Inflation target: Chancellor of the Exchequer | Bank Rate: Monetary Policy Committee (MPC)

B

Inflation target: Monetary Policy Committee (MPC) | Bank Rate: Chancellor of the Exchequer

C

Inflation target: Chancellor of the Exchequer | Bank Rate: Financial Policy Committee (FPC)

D

Inflation target: Governor of the Bank of England | Bank Rate: Financial Conduct Authority (FCA)

Markscheme

2.4 Financial markets and monetary policy (A-level only) Questions

  1. A Level
  2. /Economics
  3. /2.4 Financial markets and monetary policy (A-level only)

176 exam-style questions on AQA A Level Economics 2.4 Financial markets and monetary policy (A-level only), covering 2.4.1 The structure of financial markets and financial assets, 2.4.2 Commercial banks and investment banks, 2.4.3 Central banks and monetary policy, and 2.4.4 The regulation of the financial system. Each one has a worked solution and a mark scheme showing where the marks go.

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