Economics · May / June 2017 · Paper 21 · Question 3

Money and banking are closely linked. Money performs a number of functions, including being a standard for deferred payments, and it is used to pay workers, often directly into their bank accounts. The amount workers earn differs depending on the industry in which they work. Bank lending from both private sector and public sector (state-owned) banks has increased in some countries in recent years.

Read automatically from the paper; the printed page above is exact.