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2.5 The role of money and financial markets

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Question 17

Nationwide is the largest building society in the UK. Which activity best reflects the traditional role of a building society?

[1]
A

Issuing the notes and coins used across the UK

B

Lending to banks that cannot borrow elsewhere

C

Offering savings accounts and mortgages to households

D

Lending mainly to large firms to fund new factories

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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