Question 17
Question 17 of 30
Question image for Q17
You can solve this MCQ to see its answer, but your attempt won't be logged unless you login
No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
4. Government and the mac...
4.4. Monetary policy

Definition of money supply and monetary policy. Changes in interest rates, money supply and foreign exchange rates. How monetary policy measures may enable the government to achieve its macroeconomic aims.

6. International trade an...
6.4. Current account of balance of...

Consequences of current account deficit and surplus: Impact on GDP, employment, inflation and foreign exchange rate.