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Unit 6: External Influences: Monetary Policy
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What are interest rates?
1 point
The percentage that needs to be repaid on loans – or will be received on savings – per year.
When a government (or central bank) changes a currency’s interest rate
When the currency rises compared to other ones – rising interest rates can help do this.
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What is Monetary Policy?
1 point
The percentage that needs to be repaid on loans – or will be received on savings – per year.
When the currency rises compared to other ones – rising interest rates can help do this.
When a government (or central bank) changes a currency’s interest rate
Clear selection
What is exchange rate appreciation?
1 point
When the currency rises compared to other ones – rising interest rates can help do this.
The percentage that needs to be repaid on loans – or will be received on savings – per year.
When a government (or central bank) changes a currency’s interest rate
Clear selection
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