Table 3 contains selected figures from the balance sheet of a commercial bank.
| Item | Value (£ bn) |
|---|---|
| Cash | 50 |
| Share capital | 120 |
| Loans and advances | 190 |
| Physical (fixed) assets | 115 |
| Long-term funding | 90 |
| Non-liquid investments | 70 |
| Reserves (retained earnings) | 35 |
| Balances at the Bank of England | 35 |
| Customer deposits | 240 |
| Other liquid assets | 25 |
What is the value of this bank's total liquid assets?
£85 bn
£110 bn
£180 bn
£300 bn
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.