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3.6 Monetary policy

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Question 85

How can lower interest rates increase economic growth?

[1]
A

They increase the reward for saving

B

They make every imported product cheaper

C

They reduce government spending automatically

D

They can encourage borrowing, consumer spending and investment

Markscheme

3.6 Monetary policy Questions

  1. GCSE
  2. /Economics
  3. /3.6 Monetary policy

116 exam-style questions on OCR GCSE Economics 3.6 Monetary policy, covering 3.6.1 What is monetary policy, 3.6.2 Monetary policy and macro objectives, and 3.6.3 Effects of monetary policy. Each one has a worked solution and a mark scheme showing where the marks go.

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