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2.5 The role of money and financial markets

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Question 11

A construction firm keeps its money in an account at a commercial bank.

Why is financial stability important to this firm?

[1]
A

It gives the firm confidence that its money is safe with its commercial bank

B

It gives the firm's managers a vote on the level of Bank Rate

C

It makes the firm a member-owner of the commercial bank holding its account

D

It gives the firm an account directly with the Bank of England

Markscheme

2.5 The role of money and financial markets Questions

  1. GCSE
  2. /Economics
  3. /2.5 The role of money and financial markets

60 exam-style questions on AQA GCSE Economics 2.5 The role of money and financial markets, covering 2.5.1a Functions of money, 2.5.1b Definition of money, 2.5.2a Agents in the financial sector, 2.5.2b The role of the Bank of England, and 2.5.2c The role of high street banks. Each one has a worked solution and a mark scheme showing where the marks go.

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