"assess how the sterling exchange rate might've added to the lowest inflation for 40 years?"?

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"assess how the sterling exchange rate might've added to the lowest inflation for 40 years?"?

2007-03-22 11:42:53 · 2 answers · asked by zaacmac 1 in Social Science ➔ Economics

2 answers

The sterling exchange rate stabilized the currency and locked inflation as interest rates dropped and kept the currencey viable.

The UK is tough and stable, able to withstand inflation.

2007-03-22 16:31:36 · answer #1 · answered by Santa Barbara 7 · 0⤊ 0⤋

"do your own homework"

2007-03-23 00:28:54 · answer #2 · answered by mr. me 3 · 0⤊ 0⤋