Subsection 3.1. Money and banking for Economics, IGCSE - revisedeck

3.1. Money and banking

A subsection of Economics, 0455, through 3. Microeconomic decision makers

Listing 10 of 68 questions

What is the usual reason why citizens trust their country’s banknotes?

0455_s16_qp_11

MCQ

2016

Paper 1, Variant 1

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What function does a central bank fulfil?

0455_s16_qp_13

MCQ

2016

Paper 1, Variant 3

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Which statement about financial matters is correct?

0455_s17_qp_12

MCQ

2017

Paper 1, Variant 2

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What does a commercial bank not provide?

0455_s18_qp_12

MCQ

2018

Paper 1, Variant 2

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What is not a function of a central bank?

0455_s18_qp_13

MCQ

2018

Paper 1, Variant 3

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Which advantage do coins have that make them more suitable than banknotes to act as money?

0455_s19_qp_13

MCQ

2019

Paper 1, Variant 3

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It is expected that consumers will use less paper money. What is the most likely reason for this?

0455_s21_qp_11

MCQ

2021

Paper 1, Variant 1

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Savers suffer as inflation rises to 4.4%. Which function of money is most involved in this statement?

0455_s23_qp_12

MCQ

2023

Paper 1, Variant 2

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One of the functions of money is to act as a measure of value. What does this mean?

0455_s23_qp_12

MCQ

2023

Paper 1, Variant 2

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Which row shows a characteristic of money and a function of money?

0455_s23_qp_13

MCQ

2023

Paper 1, Variant 3

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Questions Discovered

68