A-LevelEconomicsThe macroeconomy9708/12 · May/June 2017 · Q41 Mark

Four students are given the following list of assets. • a three bedroom house • banknotes and coins in a purse • money in a bank savings account • shares in a public limited company The students are asked to order the assets from the most liquid to the least liquid and the table shows their choices. [Figure 4.1] Which student is correct?

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Anotes and coins, savings account, shares, house

Bnotes and coins, savings account, house, shares

Cnotes and coins, shares, savings account, house

Dsavings account, notes and coins, shares, house

✓ Correct answer

A: notes and coins, savings account, shares, house

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2017 Paper 1 Variant 2, question 4.

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