BOE to Provide All the Stimulus It Can in Event of No Deal Brexit

BOE to Provide All the Stimulus It Can in Event of No Deal Brexit

Assessment

Interactive Video

Business

University

Hard

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The video discusses the economic implications of a no-deal Brexit, emphasizing the need to provide economic support while maintaining price stability. It highlights the inflationary pressures from tariffs and exchange rate changes, and the potential reduction in supply capacity. The video also outlines the limitations of economic support and stresses the importance of the financial system's readiness for Brexit, with a focus on maintaining a 2% inflation target.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of the economic stimulus in a no-deal Brexit scenario?

To increase the exchange rate

To maintain low and stable inflation

To reduce tariffs

To enhance supply capacity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which factor is directly inflationary in a no-deal Brexit scenario?

Reduction in demand

Decrease in exchange rate

Tariffs

Increase in supply capacity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a challenge in managing inflationary pressures in the short term?

Unlimited ability to support the economy

Reduction of supply capacity

Stable demand adjustment

Decreasing tariffs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the financial system during Brexit?

To increase tariffs

To ensure the financial system is ready for Brexit

To decrease inflation to zero

To reduce the exchange rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the inflation target set by Parliament?

2%

1%

3%

4%