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Essay

Finance And Monetry System

Essay specific features

 

Issue:

Business

 

Written by:

Jimmy M

 

Date added:

August 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1772

 

Was viewed:

1932 times

 

Rating of current essay:

 
Essay content:

The task of setting the rates is given to the MPC ( Monetary Policy Committee), over the years these rates have differed based duly on certain requirements and factors set by the government. For example, it is the governments desire to maintain a stable economic system, price stability, a low inflation rate and a stable value of its money...
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The current target by the UK Government for Inflation is 2%. In the following brief I will discuss and propose how I would seek to set or influence interest rates in the economy to achieve Inflation at or around our target of 2%. As mentioned above the decision taken by the Bank of England in regards to the setting of the interest rate has many factors contributing to it...
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