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2.5 The role of money and financial markets

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Question 7

Table 1 shows four institutions.

InstitutionRole 1Role 2
ABank of EnglandSets income tax rates
BBank of EnglandSupports financial stability
CCommercial bankSets the official interest rate
DBuilding societyWrites the government budget

Which row correctly matches an institution to both of its roles?

[1]
A

Institution A

B

Institution B

C

Institution C

D

Institution D

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

27 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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