gcse economics - money - past exam questions
FOUNDATION LEVEL
• Putting your money into a building society is one way of saving
money. Name 2 other ways of saving money (2)
•
Give 2 reasons why people might save money. Explain your answer. (4)
• If there was an increase in interest rates on loans, what problems
might this cause for
a) a hotel business
b) a bank (6)
• How might a rise in interest rates affect the demand for houses and house prices? (5)
HIGHER TIER
• Changes in interest rates may be used to control inflation. Explain how a rise in interest rates might lead to a fall in inflation (8)
• Explain how a rise in interest rates might affect
a) consumers
b) home owners
c) businesses (12)
These GCSE Economics revision notes have been kindly provided by Peter Davies of Mill Hill School, Ripley Keep Up-todate with your GCSE Economics - Subscribe Free to Economics in the News by Email
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