How Low Interest Rates have Affected the British Economy Over the Last 7 Years

Question

Using at least one microeconomic and one macroeconomic theory, explain how low interest rates have affected the British economy over the last 7years and what we should expect from the Central Bank of England 

 

Summary: This question belongs to economics and discusses about how low interest rates have affected the British economy over the last 7years.

Total word count: 1720

 

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