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2.5 The role of money and financial markets

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Question 13

A customer orders a book from a website and pays using a debit card linked to a current account.

Which statement correctly identifies the money transferred to the bookseller?

[1]
A

Part of the customer's bank deposit is moved to the bookseller's account

B

A new loan from the customer's bank is added to the bookseller's account

C

Notes and coins held by the customer's bank are assigned to the bookseller

D

The balance stored on the debit card is moved to the bookseller's account

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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