In recent years, several Eurozone economists and policy institutes have raised concerns that the European Central Bank’s prolonged reliance on large-scale asset purchase programmes (quantitative easing) has distorted financial markets and exacerbated wealth inequality, rather than stimulating sustainable economic growth.
Evaluate the view that quantitative easing (QE) is an ineffective and damaging tool of monetary policy.
27 exam-style questions on OCR A Level Economics Monetary policy. Each one has a worked solution and a mark scheme showing where the marks go.