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2.8 The role of money and financial markets

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Question 29

Why are commercial banks important to producers?

[1]
A

They can provide loans and payment services

B

They determine the quantity of every product supplied

C

They insure every business loss without a premium

D

They set government tax rates

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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