(a)[3]
Explain what is meant by monetary policy and give two examples of monetary policy from the article.
(b)[4]
What is meant by ‘the economy is about to start growing faster’? Explain how a stronger global economy could help bring this about.
(c)[6]
Consider how far the reason suggested in the extract could account for the pressure on the currencies of India, Indonesia, Turkey and Brazil.
(d)[7]
Suggest what effect the Federal Reserve’s decision to cut its bond buying by $10 billion a month could have on the US economy.