Carney's BOE Future: A Choice of Personal or Policy?

Carney's BOE Future: A Choice of Personal or Policy?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses Mark Carney's role as the Governor of the Bank of England amid Brexit uncertainties. It highlights his initial commitment to stay until 2018 for personal reasons, the market's reaction to political events, and the potential impact of his departure on economic stability. The discussion also covers the economic challenges the UK faces post-Brexit, including inflation and trade risks, and the importance of Carney's leadership during this critical period.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Mark Carney's initial commitment regarding his tenure as the Governor of the Bank of England?

To leave immediately after Brexit

To stay until 2020

To stay until 2018

To stay indefinitely

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Mark Carney's potential departure seen as significant?

He has no impact on international investors

He is not involved in economic decisions

He has no influence on Brexit

He is the only adult in the room

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main concern for the UK economy as Brexit unfolds?

Rising unemployment

Increasing inflation due to the pound's drop

Decreasing interest rates

Stable economic growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the distinction between the Bank of England and the Federal Reserve in this context?

The Bank of England is less affected by Brexit

The Federal Reserve has no influence on the UK

The Federal Reserve is more stable

The Bank of England has more continuity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic challenges does the UK face post-Brexit?

Increased trade with the EU

Decreased inflation

Twin deficits and trade risks with the EU

Surplus in trade balance