Wednesday, November 10, 2010

Unit 2: The causes of current (Nov 2010) and future inflation in the uk

This BBC video lets you hear the reasons from the horses mouth as Mervyn King explains

http://www.bbc.co.uk/news/business-11726275

a) What type of inflation is the UK currently experiencing? Explain your answer
b) Explain why inflation in the future
i) might rise
ii) might fall
c) To what extent is an inflation rate 1% above target a problem for the UK economy

No comments: