In December 2021, the UK CPI inflation rate reached 5.1%, the unemployment rate fell to 4.2%, while the Bank Rate remained at 0.1%.
To what extent is maintaining ultra-low interest rates appropriate at a time of rising inflation?
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.