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    Economics for Business
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    Exam 28: Banking, Money and Interest Rates
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    Discuss the Three- Pronged Rescue Plan of the Bank of England
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Discuss the Three- Pronged Rescue Plan of the Bank of England

Question 18

Question 18

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Discuss the three- pronged rescue plan of the Bank of England for rescuing the banking system in October 2008.

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1) Extra capital: A total of up to £50 b...

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