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Explain the economic system that the government implements

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Reference no: EM133575532

Questions:

1. Explain the economic system that the Government implements in the UK and why it is important for the government to occasionally "interfere" in the market?

2. Explain the three various ways, the UK's government has interfered in the market in a bid to control rising inflation?

3. Explain how the outlined policies by the UK's government in question two were either successful or not? Justify you stand.

Reference no: EM133575532

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