In 2008, the United Kingdom slipped into a recession. For the next few years, the Bank of England and the British government used monetary and fiscal policies in an attempt to stimulate the economy. Visit www. bankofengland.co.uk and obtain data on interest rates. Do you see evidence of the Bank of England’s action? Also visit www.ukpublicspending.co.uk and obtain data on the total governmental expenditures. Can you tell when various policies were implemented? Use the data to find evidence on whether they were successful in pulling the U.K. economy out of recession.