3.8 Monetary policy is a government economic policy relating to:
1 Interest rates
3 Public borrowing and spending
4 Exchange rates
Which of the above are correct?
A 1 and 4
B 2 and 3
C 2 and 4
D 3 and 4
3.9 Which of the following organisations might benefit from a period of high price inflation?
A An organisation which has a large number of long-term payables
B An exporter of goods to a country with relatively low inflation
C A large retailer with a high level of inventory on display and low rate of inventory turnover