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EnglandEconomicsQuick questions
2.6-2.9 Government policy and market failure
Quick questions on Monetary policy - OCR GCSE Economics (J205)
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is q1?Show answer
Define monetary policy. [2 marks]
What is q2?Show answer
A firm borrows at 3% interest. Calculate the annual interest it pays. [2 marks]
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