Sunday, January 04, 2009

Unit 2: Will the UK recover quickly from the recession ?

Fron Economics Teacher comes this excellent 2 sided summary

http://business-studies.typepad.com/economics_teacher/2009/01/arguments-for-and-against-a-recovery.html

a) What elements of fiscal policy and monetary policy does the article suggest are being used to aid the recovery?
b) Assuming they will be successful, using an AD/AS diagram, explain how these policies will see the economy grow out of the recession

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