Purchasing assets such as government bonds (gilts) and high-quality corporate bonds from private sector banks
Purchasing government bonds (gilts) and as a consequence providing a souce of funding for greater government spending
Printing more banknotes
9. Which of the following is a macroprudential regulator with a statutory objective to maintain UK financial stability?
MPC
FPC
FCA
10. The Bank of England operates monetary policy by: A. Setting Bank Rate B. Changing UK tax rates C. Purchasing financial assets
A. & C. Only
All of the Above
B. Only
A. & B. Only
A. Only
11. Why did the Bank of England begin implementing a quantitative easing policy in March 2009?
To withdraw money from an overheating economy
To impact market demand and inflation more effectively
To achieve a lower inflation target than the previous 2% level
To lower the official Bank Rate
12. Which of the following is both a prudential regulator and a conduct of business regulator?
MPC
FPC
FCA
PRA
13. The functions of the Bank of England include: A) The printing of currency (Sterling) B) Ensuring monetary stability C) Protecting and enhancing the stability of the financial system
A & B only
A, B & C
A only
B & C only
A & C only
14. Who at the Bank of England decides on quantitative easing?
