More cards in this set

Card 6

Front

How long does time lags take to reduce inflation?

Back

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Card 7

Front

Why have banks always been regulated?

Back

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Card 8

Front

Why do banks fail?

Back

Preview of the front of card 8

Card 9

Front

Why is bank failure very detrimental for the economy?

Back

Preview of the front of card 9

Card 10

Front

How does regulation work?

Back

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Card 11

Front

What is the aim of the FPC?

Back

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Card 12

Front

What are the FPC's objective?

Back

Preview of the front of card 12

Card 13

Front

How does the central bank act as a lender of last resort?

Back

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Card 14

Front

What does the lender of last resort function help create?

Back

Preview of the front of card 14