Economics 9708 · AS & A Level · Monetary policy

Monetary policy — practice question

Why would an inflationary process come to an end if the money supply were kept constant?

  • AConsumption will decrease as money incomes decline.
  • BGovernment expenditure will have to be reduced as government revenues decline.
  • CThe rate of interest will rise as more money is required for transactions purposes.
  • DThe stimulus to invest will decline as the real burden of company debt rises.

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