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\nUnderstanding Monetary Policy and Interest Rates in the UK\n

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\nThis video provides an explanation of monetary policy and its role in creating price stability in the economy. It specifically focuses on the UK's central bank, the Bank of England, and their target of a 2% annual increase in the...\nThis video provides an explanation of monetary policy and its role in creating price stability in the economy. It specifically focuses on the UK's central bank, the Bank of England, and their target of a 2% annual increase in the consumer price index. The video also discusses the various channels through which changes in interest rates can affect the economy, including savings rates, costs of debt, and exchange rates.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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4:00
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2018
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, monetary policy, aggregate demand, demand, interest, inflation, england, filters, debt, borrowing, exports, money, pounds, economy
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Additional Tags

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a-level, snapshots, summary, macro, slide, 52, monetary, policy, interest rate, transition mechanism, real output, price level, base rate, accurate demand, inflation rate, central bank, rate, decreasing, savings, bank, gonna, increase, case, change, target
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Monetary Policy and Interest Rates in the UK\" href=\"/subscription/new\">\"Understanding\n\n
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