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标题: economics [打印本页]

作者: pimpineasy    时间: 2011-7-11 19:37     标题: economics

2009 exam Q 5:

Taylor rule suggests that Bank of England should target a short term interest rate of 3.75% vs. current 5.5%.

What will the effect on the economy?
作者: infinitybenzo    时间: 2011-7-11 19:37

I think this was the one where inflation was already like 4% or something.... therefore lowering the rate almost 2% has the potential to send inflation way up....




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