Economy Quiz

What does the Bank of England issue?

• Loans to consumers

• Banknotes

• Benefits and pensions

• Taxes

Who sets the inflation target?

• High street banks

• Consumers

• Government

• Bank of England

What might a consumer receive from the government?

• Banknotes

• Loans

• Benefits and pensions

• Wages

Who supervises banks and financial services?

• Government

• High street banks

• Bank of England

• Consumers

What do consumers pay to the government?

• Wages

• Loans

• Taxes

• Banknotes

What might consumers do with high street banks?

• Set the inflation target

• Save money

• Issue banknotes

• Supervise financial services

Who provides income for businesses by buying products or services?

• Government

• Bank of England

• Consumers

• High street banks

What does the government pay to consumers?

• Wages

• Benefits and pensions

• Loans

• Banknotes

Who might borrow money from high street banks?

• Government

• Bank of England

• Consumers

• Businesses

What is the role of businesses that sell to businesses?

• Pay taxes to the government

• Provide income by buying products or services

• Set the bank rate

• Issue banknotes