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2.5 The role of money and financial markets

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Question 7

A customer transfers £18 from a bank account to a theatre and receives a ticket for a performance. Which function of money does the transfer illustrate?

[1]
A

Store of value

B

Unit of account

C

Means of deferred payment

D

Medium of exchange

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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