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From course:

Economics A Level (DONEEEEEEE)

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Question:

How did QE Perform during the 2008 Crash?

Author: eric_galvao



Answer:

-Bank of England purchased Assts from Firms [Insurance and Commercial] -This was slow to work at the Start, as Banks still had Low Confidence -But then the Banks started to Lend for AD to be Boosted -Exports may have also Increased as QE makes the Currency worth Less.


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