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2.5 The role of money and financial markets

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Question 1

A café lists every price in pounds and accepts a bank transfer for a meal. Which two functions of money are illustrated?

[1]
A

Deferred payment and store of value

B

Medium of exchange and store of value

C

Medium of exchange and unit of account

D

Store of value and unit of 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

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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