using at least one microeconomic and one macroeconomic theory from the core material, please explain how low interest rates. have affected the British economy over the last 7 years, and what we should expect from the central bank of england.
answer to be based on an interpretation of class hand – outs and evidence of the background reading. that is, there should be clear demonstration of focused rigorous research from recognised authoritative sources.
format, referencing, bibliography;
1,the limit is not a guide, it is an instruction,
2, do not stray into tangential material. always ask yourself – is what i have written relevant to the question set?
please use from size of approx