Macro

Base rate of interest is

• 0.5%

• 2%

• 2.25%

• 3%

National debt in the UK as of Aug 2022 is...

• 225%

• 89%

• 103%

• 96%

Austerity refers to...

• Tax cuts

• Govt spending increases

• Govt spending cuts

• fall in the base rate

Reflationary fiscal policy refers to....

• Increased tax

• govt spending cuts

• interest rate cuts

• tax cuts

financial crowding out causes a...

• increase in private investment

• fall in private investment

• increase in consumer spending

• increase in exports

fiscal deficit spending causes govt bonds to....

• increase in price and yield

• fall in price and increase in yield

• fall in price and fall in yield

• rise in price and fall in yield

Which of the following is not a direct tax

• income tax

• corporation tax

• capital gains tax

• VAT

The laffer curve shows the relationship between...

• tax rate and tax revenue

• tax rate and growth

• tax revenue and govt exp

• tax rate and base rate

Credit rating of UK is

• Aa3

• Aaa

• A2

• B2

Moodys are a

• credit rating agency

• coffee shop

• mental health charity

• financial institution