Q5 · 2025 · External assessmentUnclassified1 mark
QUESTION 5
Which group is the most likely to be impacted by contractionary monetary policy?
(A) households with high levels of debt
(B) financial institutions with high profits
(C) state governments that provide essential services
(D) businesses that produce relatively inelastic goods
WORKED SOLUTION
1 markAnswer A
OFFICIAL ANSWERA
QCAA awards 1 mark for selecting option A.
Correct option from the official QCAA answer key.