Sample 1

IB Economics: Sample 1

A central bank is the main bank of the economy providing financial and banking services for the country’s government. It issues the notes and coins of the country’s currency as well as operating the monetary policy.Expansionary monetary policy is when the central bank cuts the interest rates and increases money supply in the economy, this helps boost aggregate demand, causes a decreasing in unemployment as output...


To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.