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.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential inflationary effects of a no deal, no transition Brexit?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the exchange rate impact inflation in the context of Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures can be taken to support the economy during a no deal Brexit?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can the productive capacity of the economy be affected by Brexit?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary remit given to the financial system by Parliament?

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