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2.8 The role of money and financial markets

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Question 22

Demand from overseas customers for services supplied by UK financial firms rises.

How is this change most likely to affect the government's economic objectives?

[1]
A

It works against employment, as the services are supplied by overseas workers

B

It supports low inflation, as the extra demand pushes UK prices down

C

It supports growth and employment, as UK firms sell more and need more staff

D

It works against growth, as the services are consumed outside the UK

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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