July 2016 Second Assignment Individual EXAM Please upload your assignment with answers together with clearly marked your LBS number on Canvas by 12pm (midday, UK time) on 3 August at the latest. This exam should represent your own efforts. Please answer TWO questions. Each answer should not exceed 750 words. You are reminded that you should draw on the various frameworks and models that we have studied in the second half of the course in forming your answers. 1. How should the UK government respond from a business cycle perspective to the outcome of the Brexit referendum vote? 2. What is the likely impact of negative interest rates on the economy? 3. Choose ONE of the USD, Euro, Yen or RMB and use the frameworks developed in class to consider their likely future evolution. Andrew Scott 06/07/16