Skip to content

Course home

Sign up

4.4.2 Market failure in the financial sector

EasyMediumHard
1234
Question 2

During financial crises, central banks often act as a 'lender of last resort' to prevent systemic collapse. State what is meant by the term 'moral hazard' in this context.

[1]
Markscheme

4.4.2 Market failure in the financial sector Questions

  1. A Level
  2. /Economics
  3. /4.4.2 Market failure in the financial sector

9 exam-style questions on Edexcel A A Level Economics 4.4.2 Market failure in the financial sector. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank