Economics Commentary (IB, IA)
Subject:
Economics [1]
Tags:
economics [2]
macroeconomics [3]
monetary policy [4]
Fiscal policy [5]
inflation [7]
Recession [9]
unemployment [10]
Fiscal multiplier [11]
Business [14]
Commentary This article is about a recent decline in England?s economy, and how it may affect us on a macroeconomic level (i.e. the country?s future in regards to its, monetary policy, employment, GDP, and inflation). As England endures their economic recession we?ve seen an increase in unemployment, reductions in salaries and wages, and a decrease in consumer confidence.