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?
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of money and banking within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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