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Economic management — Question 10

QCAA 2024, Paper 1 · 1 mark

Q10 · 2024 · External assessmentUnclassified1 mark

QUESTION 10

Assume this current data represents an economy similar to Australia’s economy.

Economics question figure

Ceteris paribus, which are the appropriate economic management decisions?

(A) monetary policy contractionary and fiscal policy expansionary

(B) monetary policy contractionary and fiscal policy neutral

(C) monetary policy neutral and fiscal policy contractionary

(D) monetary policy neutral and fiscal policy neutral

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