An apprentice sets aside £180 for travel. At first, this amount could buy six monthly bus passes. A year later, prices in general, including bus fares, have risen, and the same £180 can buy only five monthly bus passes.
State the function of money that has become less effective.
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.