Skip to content

Course home

Sign up

2.8 The role of money and financial markets

EasyMediumHard
12345678910111213141516171819202122232425262728293031
Question 9

Interest rates on savings accounts and new business loans rise. Leila is deciding how much of her monthly income to put into a savings account. A furniture restoration firm is considering using a loan to buy new equipment.

What are Leila and the firm most likely to do as a result?

[1]
A

Leila puts a larger share of her income into savings, while the firm brings forward the loan-funded equipment purchase

B

Leila puts a smaller share of her income into savings, while the firm postpones the loan-funded equipment purchase

C

Leila puts a larger share of her income into savings, while the firm postpones the loan-funded equipment purchase

D

Leila puts a smaller share of her income into savings, while the firm brings forward the loan-funded equipment purchase

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

82 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.

Question bank