Which one of the following is not a responsibility of the Financial Policy Committee (FPC) of the Bank of England?
Identifying, monitoring and taking action to remove systemic risks in the UK financial sector.
Setting the official Bank Rate to achieve the government's inflation target.
Preparing and publishing the Financial Stability Report twice a year.
Directing regulatory bodies such as the Prudential Regulation Authority (PRA) to implement macroprudential measures.
176 exam-style questions on AQA A Level Economics 2.4 Financial markets and monetary policy (A-level only), covering 2.4.1 The structure of financial markets and financial assets, 2.4.2 Commercial banks and investment banks, 2.4.3 Central banks and monetary policy, and 2.4.4 The regulation of the financial system. Each one has a worked solution and a mark scheme showing where the marks go.