Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.
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Business, Life Skills
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major reason for the lack of recovery in public confidence during the summer?
Improved economic indicators
Apprehension about COVID-19
Increased government spending
Rising employment rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the government and central bank respond to the economic challenges posed by COVID-19?
By increasing interest rates
By cutting public services
By coordinating aggressive policy measures
By reducing taxes
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What did the IMF say about the UK's policy response to the economic impact of COVID-19?
It was uncoordinated
It was prompt and aggressive
It was inappropriate
It was too slow
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major limitation of central banks in dealing with the COVID-19 crisis?
Lack of financial resources
Inability to directly tackle the virus
Over-reliance on technology
Excessive regulation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What concern is raised about unemployment in the context of withdrawing support schemes?
It will not be affected
It will decrease significantly
It will remain stable
It may increase sharply
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