Evaluate the microeconomic and macroeconomic consequences of a central bank, such as the Central Bank of the Republic of Turkey (TCMB) or another of your choice, aggressively raising its benchmark interest rate to combat runaway inflation and stabilise a depreciating currency.
18 exam-style questions on Edexcel A A Level Economics 4.4.3 Role of central banks. Each one has a worked solution and a mark scheme showing where the marks go.