What is one reason the Hawks in the MPC dissented?
BOE Hawks Dissent in 5-3 Interest Rate Vote

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Business, Social Studies
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unemployment has risen significantly.
The Bank of England's forecast was too optimistic.
Unemployment fell faster than expected.
There was a significant increase in household consumption.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do the Hawks believe will offset the slowdown in household consumption?
Increased savings by households
Higher interest rates
Faster investment spending and boost to net trade
Increased government spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factor contributes to the potential overshoot of inflation?
A decrease in net trade
A fall in the pound since the election
A decrease in investment spending
A rise in the pound's value
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the expected behavior of new MPC members according to the discussion?
They will immediately side with the Hawks.
They will propose new economic policies.
They will likely follow the majority and the Governor.
They will focus on reducing inflation.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the anticipated impact of economic uncertainty on investment and net trade?
It will lead to increased consumer spending.
It will weigh on investment and net trade.
It will have no impact on investment and net trade.
It will boost investment and net trade.
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