application Flashcards
1
Q
what happened in September 1992
A
the government rose interest rate to 15%
2
Q
what happen in 2002
A
house price rise more than 20% in 2002
3
Q
what did the monetary policy committee do in October 2008 to march 2009
A
they cut interest rate from 5% to 0.5%
4
Q
what happen in 2008 to the stock market UK
A
FTSE falls 31.3% the lonoidn stock market
5
Q
what happened to the pond in 2001
A
it appreciated to over 1 pond : euro 1.60
6
Q
what happened in 2010 what did government say
A
the government raises the top rate of income tax 40% to 50% in 2010
7
Q
t levels
A
the introduction of t levels helps engeriers
