Skip to content

Course home

x
3.6.3 Effects of monetary policy
x

How Bank Rate affects the economy

How Bank Rate affects the economy

Three channels of a high interest rate: saving increases, borrowing decreases and investment decreases

3.6.3 Effects of monetary policy Lesson

  1. GCSE
  2. /Economics
  3. /3.6.3 Effects of monetary policy

Step-by-step lessons on OCR GCSE Economics 3.6.3 Effects of monetary policy. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons