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Author Question: The UK Labour government was forced to abandon its 'golden rule' in 2008/9 because (Read 343 times)

clippers!

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on: May 25, 2020
The UK Labour government was forced to abandon its 'golden rule' in 2008/9 because
◦ the EU declared that it was not compatible with the Stability and Growth Pact.
◦ it wished to pursue discretionary fiscal policy to tackle the recession.
◦ the fiscal multiplier was not working.
◦ it had to increase taxes to tackle the rise in the budget deficit.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by clippers! on May 25, 2020

bfulkerson77

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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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clippers!

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

mcabuhat

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Reply 3 on: Yesterday
Excellent

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