| Period | Official Bank Rate (%) |
|---|---|
| 2007 (Jul) | 5.75 |
| 2007 (Dec) | 5.50 |
| 2008 (Apr) | 5.00 |
| 2008 (Oct) | 4.50 |
| 2008 (Nov) | 3.00 |
| 2009 (Jan) | 1.50 |
| 2009 (Mar) | 0.50 |
With reference to the table above, explain the likely impact of a reduction in the official bank rate on UK business investment.
30 exam-style questions on Edexcel A A Level Economics 2.2.3 Investment (I). Each one has a worked solution and a mark scheme showing where the marks go.