Which one of the following is the most likely consequence of a reduction in the central bank's main interest rate? An increase in the:
exchange rate value of the national currency
level of demand-pull inflation
marginal propensity to save
rate of cyclical unemployment
52 exam-style questions on Edexcel A A Level Economics 2.6 Macroeconomic objectives and policies, covering 2.6.1 Possible macroeconomic objectives, 2.6.2 Demand-side policies, 2.6.3 Supply-side policies, and 2.6.4 Conflicts and trade-offs between objectives and policies. Each one has a worked solution and a mark scheme showing where the marks go.