Thursday, November 13, 2008

Unit 2: The state of the UK economy: Nov 2008

A great BBC clip showing the current position of the economy and the outlook for the economy over the next year

http://news.bbc.co.uk/1/hi/business/7724776.stm

a) What is happening, and predicted, for the 3 macroeconomic objectives mentiones; ie economic growth, inflation and unemployment?
b) Comment on the likely effect on the current account of the BoP if the predictions turn out to be true

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