Return of the Consumer
Check your answers
1. Typically what happens to the value of gifts when interest rates rise?
a. The value also rises
b. The value will fall
c. Nothing, it will stay the same
2. What is a key belief of monetarist economists?
a. They believe the growth in money supply will fuel inflation
b. They believe inflation will remain low because of high unemployment
c. That a surge of inflation is unlikely because we didn’t experience high inflation in the last recession
3. Which is not a type of cashflow modeller?
a. Stochastic modeller
b. Variable modeller
c. Deterministic modeller
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