Note AcademyNote Academy

Economics (AS & A Level) · May / June 2024 · Paper 32 · Question 16

9708Money and banking

What is not a function of a commercial bank?

  1. Ato help firms raise finance
  2. Bto hold cash on deposit for firms
  3. Cto lend money to households
  4. Dto provide savings accounts

As printed in the paper

Show the answer

Correct answer: A. to help firms raise finance

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.