What was the estimated percentage decline in economic activity by the end of the third quarter?
Interview with Andrew Bailey, Governor of the Bank of England, on Q.E.

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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
15%
5%
9%
12%
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of injecting liquidity into the economy?
To increase taxes
To decrease inflation
To stimulate economic activity
To reduce government spending
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does buying less immediately usable assets affect the economy?
It decreases the cost of borrowing
It leads to higher taxes
It increases the cost of borrowing
It has no effect on borrowing costs
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a major factor affecting business and consumer confidence during the second wave?
Government policies
COVID-19 itself
International trade agreements
Technological advancements
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the trend in economic confidence throughout the year?
Fluctuating confidence
Low confidence
Moderate confidence
High confidence
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