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Financial markets - recap on regulation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the equation for the Quantity Theory of Money?

a)

QV=PM

b)

MV=PT

c)

XM=PY

d)

XY=ZY

2.

If the money supply/access to credit was reduced, what would happen to the Price Level?

a)

Falls/Deflation

b)

Rises/Inflation

3.

What is crucially provided by central banks to help them achieve their objective of financial stability?

a)

Supply of workers

b)

Liquidity insurance

c)

Capital insurance

d)

Worker insurance

4.

The FPC is primarily responsible for ...

a)

Macro-prudential regulation

b)

Micro-prudential regulation

5.

The PRA and FCA are responsible for ...

a)

Macro-prudential regulation

b)

Micro-prudential regulation

6.

Which of these is NOT part of the Bank of England?

a)

FCA

b)

PRA

c)

FPC

7.

If banks do not have sufficient capital of what are they at risk if the value of their assets fall?

a)

Insolvency

b)

Bankruptcy

8.

If banks do not have sufficient liquidity of what are they at risk?

a)

Insolvency

b)

Bankruptcy

9.

Why, in particular, is liquidity insurance necessary?

a)

Banks borrow long term but lend short term

b)

Banks are not good at their job

c)

Banks borrow short term but lend long term

d)

Banks never make a profit from lending

10.

Central banks support financial institutions and governments bailouts failing firms, which leads to...

a)

Dukes of Hazzard

b)

Moral hazard

c)

Laziness

d)

Moral practices