(b) Critically explain how Quantitative Easing (QE) by the Bank of England in recent years, via open market operations in the money markets, has impacted bond and stock, prices including housing prices in the capital markets in the United Kingdom. (Please include recent financial charts and tables to support your analysis). Question 2: (a) Distinguish between different levels of financial market efficiency. Give examples to illustrate your answer. (b) With close reference to the efficient market hypothesis (EMH) literature and by using relevant empirical evidence of data and graphical analysis of stock prices and daily stock returns, for a selected 90 -day period, critically assess the" efficiency" of London Stock Exchange (LSE) market in recent years. Explain the implications of your results. (Please see Guidance and Preparation Note below for further information)