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2.8 The role of money and financial markets

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Question 11

Profits earned by firms in the UK's financial sector increase.

How can the government benefit from this change?

[1]
A

By receiving the interest paid by borrowers to commercial banks

B

By receiving the premiums paid by customers to insurance companies

C

By receiving the surplus that building societies return to members

D

By receiving more tax revenue from firms in the sector

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.

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