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Business, 05.05.2021 14:00 mariap3504
2) Decide whether the following are examples of fiscal or monetary policy measures implemented in
the United Kingdom and give a brief explanation for each:
a) An increase in unemployment benefits by the current UK government [5 marks]
b) An increase in government spending on state pensions [5 marks]
c) An increase in the base rate of interest by the Bank of England (5 marks]
d) A reduction in restrictions on bank lending (5 marks]
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Answers: 2
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