24/25(3) LUBS1953 Economic Theory and Applications for Finance (40717) IS LM Model II Great Recession Policy Response 24/25(3) LUBS1953 Economic Theory and Applications for Finance (40717) IS LM Model II Great Recession Policy Response

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Monetary policy requires a change in the Bank of England's policy rate. Fiscal policy changes require a change to the government's budget and may require debate and a vote in parliament. Therefore, th...

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