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A-LevelEconomicsMoney and BankingMay/June 2017Paper 1 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?

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

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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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) May/June 2017 examination, Paper 1 Variant 2. It tests the topic of Money and Banking and is worth 1 mark.

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