Can a Bank of England Rate Cut Help Post-Brexit Economy?

Can a Bank of England Rate Cut Help Post-Brexit Economy?

Assessment

Interactive Video

Business

University

Hard

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The video discusses the potential economic impact of Brexit on the UK, highlighting concerns about inflation and exchange rates. It examines the Bank of England's monetary policy options and the implications of a weaker pound. The discussion also covers Chancellor Hammond's fiscal policy approach, including the decision to delay an emergency budget. The video concludes with an analysis of the UK's economic outlook, emphasizing the need for stimulus measures to avoid recession.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between austerity measures and economic growth in the context of Brexit.

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures could be taken to stimulate the economy in light of potential stagflation?

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