Data response (1)
Read the article China to raise interest rates again and then answer the questions below. (You can read the article in the web window below, or follow the previous link to read the article in a new web window)
Explain what is meant by monetary policy.
Identify examples of monetary policy used by the Chinese government and explain the desired outcomes.
Evaluate the effects of the monetary policy measures the Chinese government is using on output, employment, prices and incomes.