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Author Question: Assume that the UK's unemployment rate is 10% and the inflation rate is 1%. The most likely policy ... (Read 83 times)

mspears3

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on: May 25, 2020
Assume that the UK's unemployment rate is 10% and the inflation rate is 1%. The most likely policy for the Bank of England to pursue would be to
◦ decrease interest rates to try to eliminate unemployment.
◦ do nothing because the inflation rate is so low.
◦ increase interest rates to try to bring the inflation rate to zero.
◦ decrease interest rates so long as predicted inflation remained below 2%.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by mspears3 on May 25, 2020

cuttiesgirl16

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mspears3

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

samiel-sayed

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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