Am sorry but there are no questions so I can’t really help you..
But good look anyways ;))
Answer:
Increased Inflation.,
Cutting interest rates isn’t guaranteed to cause a strong economic recovery. Expansionary monetary policy may fail under certain conditions.
If confidence is very low, then people may not want to invest or spend, despite lower interest rates.
In a credit crunch, banks may not have funds to lend, therefore although the Central Bank cuts base rates, it is still difficult to get a loan from a bank.
Commercial banks may not pass the base rate cut on.
Nicholas<span> issued the </span>October Manifesto<span>, that </span>promised<span> to guarante civil liberties.</span>
cause and effect? Causation? reaction? are there any options given?
