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Question 21N.3.HL.TZ0.h

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Date November 2021 Marks available [Maximum mark: 1] Reference code 21N.3.HL.TZ0.h
Level HL Paper 3 Time zone TZ0
Command term Describe Question number h Adapted from N/A
h.
[Maximum mark: 1]
21N.3.HL.TZ0.h

Table 3 shows the values of the consumer price index (CPI) between 2016 and 2020 in Kanyaland.

Table 3

With reference to the CPI data in Table 3, describe the most likely monetary policy response adopted at the end of 2018 by the central bank of Kanyaland.

[1]

Markscheme

Any answer which refers to easy (expansionary) monetary policy or an increase in the money supply or a decrease in interest rates is sufficient for [1].

Examiners report

Very well-answered.

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