During 2009 the Bank of England engaged in what is known as ‘quantitative easing; by pumping more than $200Billion into the economy. Record low levels of interest rates have also been maintained within the UK economy. Quantitative easing and low interest rates were also adopted by the US.
Tag / Monetary Policy
2012 A Level H2 Economics Review: Macroeconomics Qn 4
- Governments generally face trade-offs between different macroeconomic policy objectives. Discuss how far a government’s macroeconomic policy decisions when faced with these trade offs are affected by the extent to which the economy is open. [25]
Monetary Policy in the US: Bernanke Answers 5 Common Questions from Critics
This is a must-read for all H2 Economics students out there. As you read this article, here are some questions for you to think about and perhaps practice. I will be posting the answers to some of them later this week.
