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Monetary policy: AQA GCSE Economics questions

AQA GCSE Economics past-paper questions on 3.2.3.2 Monetary policy, 2020–2025, with mark schemes and examiner’s reports where available.

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Calculations

336 questions

  1. Q1

    June 2025 · Paper 2

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  2. Q5

    June 2024 · Paper 2

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  3. Q24

    June 2023 · Paper 2

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  4. Q7

    June 2022 · Paper 2

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  5. Q1

    November 2020 · Paper 2

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  6. Q4

    November 2020 · Paper 2

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All 6 questions on Monetary policy, as a list
  1. June 2025, Paper 2, Q1 (1 mark): Monetary policy would involve changes in which of the following? [1 mark]
  2. June 2024, Paper 2, Q5 (1 mark): A decrease in the money supply is most likely to lead to which of the following? [1 mark]
  3. June 2023, Paper 2, Q24 (6 marks): 2 4 Using Item A, explain two possible effects of increasing interest rates. [6 marks]
  4. June 2022, Paper 2, Q7 (1 mark): Which of the following correctly indicates the overall effects an increase in interest rates is likely to have on economic growth and inflation? [1 mark]
  5. November 2020, Paper 2, Q1 (1 mark): Monetary policy would involve changes in which of the following? [1 mark]
  6. November 2020, Paper 2, Q4 (1 mark): An increase in the money supply is most likely to lead to which of the following? [1 mark]

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