2) Decide whether the following are examples of fiscal or monetary policy measures implemented in the United Kingdom and give a brief explanation for each:
a) An increase in unemployment benefits by the current UK government [5 marks]
b) An increase in government spending on state pensions [5 marks]
c) An increase in the base rate of interest by the Bank of England (5 marks]
d) A reduction in restrictions on bank lending (5 marks]

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?