economic monetary policy and the world auto industry

Paper details
How the economic monetary policy is affecting loans/credit allocated to the public to maximize spending. this “easy money” policy is working to stiulate economy. biggest sector is automotive new sales. hwowver loan defaults on new auto purchases is rising, in the us. how credit apr rates are 6-10% in the euk and the BofE has lowered rates and monetary policy to .25$. how is the price difference justified? in US the Fed has rates at .25% but new autot credit is around 1-4%. how are car sales different in both countries, how is the monetary policy of uk and us working to promote new auto sales? and this in turn providing economic expansion working/

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