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Evaluate demand side policy responses to the Global Financial Crisis of 2008 What monetary policies were introduced in the UK? What were these intended to
Evaluate demand side policy responses to the Global Financial Crisis of 2008
What monetary policies were introduced in the UK? What were these intended to achieve? Can you show this on an AD/AS diagram?
What were the problems or downsides of these policies? You could mention - short run/long run issues eg. Interest rate changes take time to have an effect, how much further can interest rates be cut? The uncertainty of the impact of QE? Did it work?
my first language is not English, please show me some examples.
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