The Bank of Englad is the Central bank of the United Kingdom (UK) that controls
ID: 1224504 • Letter: T
Question
The Bank of Englad is the Central bank of the United Kingdom (UK) that controls the UK's money called the pound. The London Stock Exchange has an index of the shares of the UK's major companies called the FTSE 100, which is measure of consumer and investor confidence in the UK economy. Using this information, if the Bank of England ___ UK's interest rates and the London Stock Exchange's FTSE 100 ___ in stock value, then the UK's aggregate demand would definetely ___.
a) increases.. increases.. decrease
b) increses.. decreases.. increase
c.) decreases.. decreases.. decreases
d.) decreases.. increases.. increases
Explanation / Answer
OPTION A
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