Evaluate whether monetary policy is the best method of reducing inflation.

DefinitionMonetary policy (3 sections - interest rates, exchange rates, money supply), fiscal policy, inflation (demand and cost driven), supply-side policies. Apply to question always - any relevant examples of high or low inflation. Analysis: 2 Factors showing MP good. 2 showing bad. Alternatives: Fiscal/SSP. Evaluations: Speed of hikes, rate/cause inflation/societal considerations

LY
Answered by Luke Y. Economics tutor

1558 Views

See similar Economics A Level tutors

Related Economics A Level answers

All answers ▸

What is consumer and producer surplus?


Relate the competitive market and the monopoly setting


Explain what is meant by the rate of inflation and  analyse the main causes of inflation


Analyse and Evaluate the effects of an reduction in government spending on the economy.


We're here to help

contact us iconContact ustelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2025

Terms & Conditions|Privacy Policy
Cookie Preferences