Paper 3 Flashcards by Ella Toogood-Pugh | Brainscape

Q

Financial policy comittee

A

Part of the Bank of England - monitor against systemic risk - provide bailouts

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Q

Prudential Regulation Authority- micro prudential regulation

A

Specify liquidity, capital, leverage ratios.

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Q

Micro amd macro impacts of deregulation

A

firm level - increases profitability but makes the market more contestable - hence average de,and for a firm falls
macro - intended growth - adverse effects financial instability for example

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