What was the expansionary policy of the British?
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The UK economy was particularly hit by the failings of the financial sector. In 2009, the UK government pursued a degree of expansionary fiscal policy – cutting VAT and allowing the budget deficit to increase to a record peace-time level.
Answered by
2
Answer
The UK economy was particularly hit by the failings of the financial sector. In 2009, the UK government pursued a degree of expansionary fiscal policy – cutting VAT and allowing the budget deficit to increase to a record peace-time level.
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