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2.8 The role of money and financial markets

2.8 The role of money and financial markets

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Question 7

Which pair of services is correctly matched to the institution?

[1]
A

Building society:setting the official interest rate; insurer:collecting tax

B

Bank:guaranteeing every business profit; insurer:issuing currency

C

Insurer:providing mortgages only; building society:covering every risk

D

Building society:savings and mortgages; insurer:protection against specified risks

Markscheme

2.8 The role of money and financial markets Questions

  1. GCSE
  2. /Economics
  3. /2.8 The role of money and financial markets

30 exam-style questions on OCR GCSE Economics 2.8 The role of money and financial markets, covering 2.8.1 Money as a medium of exchange, 2.8.2 Role of the financial sector, 2.8.3 Importance of the financial sector, 2.8.4 Interest rates and saving, borrowing, investment, and 2.8.5 Effect of interest rate changes. Each one has a worked solution and a mark scheme showing where the marks go.

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