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: notes and coins, savings account, shares, house
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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