Contractionary Monetary Policy | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) Contractionary monetary policy is the use of increased interest rates
AS-Level Maths | Differentiation * To differentiate * multiply the coefficient by the power * subtract one
Tariffs | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) A tariff is a tax on imports. It is a
Marshall-Lerner Condition | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) * The Marshall Lerner condition states that * if the currency depreciates
J-Curve | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) * Normally, when your currency depreciates * exports increase and imports fall
Impact of a Current Account Deficit | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) * Summary * AD left shift * Evaluation * sign of high incomes -
Expansionary Monetary Policy | A-Level Economics Model Paragraph (AQA, Edexcel, OCR) Monetary policy is the use of interest rates to influence
Explain how an appreciation of its currency is likely to affect a country’s rate of economic growth. (June 2020) Exchange rates are the value of one currency in terms