1. Faced with growing domestic demand, further tree growing seems desirable, offering ample scope for the development of sylvopastoral systems. 2. Monetary policy is now geared to the exchange rate, not to domestic demand. 3. Quite simply, domestic policy performance was not sufficiently competitive to match a high level of domestic demand. 4. Yet, although domestic demand is weak, real interest rates remain high because prices are falling. 5. Although the economy continued to grow, that growth was being led by a rapidly increasing domestic demand for consumer items. 6. In what was also seen as a reference to Japan, countries with large surpluses and declining growth were urged to consider measures to strengthen domestic demand. 7. Domestic supply falls from OC to OB, but domestic demand rises from OC to OD. 8. Apart from wanting to control the domestic demand for money, there is another reason why the Bank of England sometimes alters interest rates. |