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Official Edexcel Economics A Unit 2:The UK Economy- Performance and Policies - 23 May Watch

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    (Original post by liamlaw1320)
    anyone remember any of the other questions other than the 20 marker my mind seems to go blank after an exam
    Same! Theres another thread somewhere which is more active than this one!
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    (Original post by xJaayyy)
    I've got 3 more exams left until i'm done until A2 induction week too all that long holiday to do everything and nothing at the same time!
    I've got three left aswell, ICT, C2 and S1 maths but the S1 exam is the 15th June so I only get 2 days off not including the weekend until A2 but I can relax a bit in the half term though
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    (Original post by liamlaw1320)
    For the 20 marker I talked about the following:
    defined demand side policies
    Defined monetary and the fiscal policy
    Used interest rates gave the 2009 fall from 1 to 0.5 % then explain the effect this had on the consumer and firm investment
    But i evaluated it by saying that it wasn't very effective in the UK due to lack of consumer confidence/ banks reluctant to lend.
    Then i talked out quantitative easing gave the example of the £375 billion invested in the UK. Explain how this increased the supply of money etc. meaning institutions are more willing to lend and lower rates and So forth. Maintaining the interest rates/inflation rate and stimulating growth
    and went on to evaluate by saying that it was effective used the USA and how if we invested more we could of got out quicker etc. but said that long term it could have inflationary pressures.
    Now that is what you call a solid answer!
 
 
 
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