Quelpr
8 marksFinancial Institutions and Monetary Instruments

CSEC Economics · May/June 2007 · Paper 2 · Question 5(c)(ii)

The Central Bank does not control gross domestic product (GDP) directly, though its ultimate policy objective is economic growth with stable prices.

Discuss TWO other monetary policy measures that the Central Bank may apply to curb inflation in your country.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 5(a)List THREE financial intermediaries.[3 marks]
  2. 5(b)State TWO functions of money.[4 marks]
  3. 5(c)(i)Discuss ONE way in which the Central Bank in your country can achieve this objective.[5 marks]

More practice: the rest of this paper · more Financial Institutions and Monetary Instruments questions · all CSEC Economics past papers