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4. Assume that you are discussing macroeconomics with a member of your family back in London and the issue of the Bank of England comes

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4. Assume that you are discussing macroeconomics with a member of your family back in London and the issue of the Bank of England comes up. Your relative thinks the central bank of the UK is unimportant to him because he cannot bank there and it has no effect on his life over the next year. What might you tell him to change his mind? 5. The country of Turkey, between 1988 and 2003 had inflation of about 60% per king at 1250% in the mid-1990s What was its likely cause

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