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Interest rates, saving, borrowing, spending and investment: AQA GCSE Economics questions

AQA GCSE Economics past-paper questions on 3.2.1.1 Interest rates, saving, borrowing, spending and investment, 2020–2025, with mark schemes and examiner’s reports where available.

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Calculations

336 questions

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  2. The start of question 19

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  7. Q19.1

    November 2021 · Paper 2

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  8. Q19.2

    November 2021 · Paper 2

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  9. Q16

    November 2020 · Paper 2

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All 9 questions on Interest rates, saving, borrowing, spending and investment, as a list
  1. June 2025, Paper 2, Q17 (2 marks): 1 7 Explain one reason why interest rates on bank loans are normally higher than interest rates on loans for mortgages. [2 marks]
  2. June 2025, Paper 2, Q19.1 (2 marks): 1 9 . 1 Calculate how much interest they would receive on their account at the end of the 9 months. [2 marks]
  3. June 2025, Paper 2, Q19.2 (2 marks): 1 9 . 2 Explain one possible effect of a rise in interest rates on UK consumers. [2 marks]
  4. June 2024, Paper 2, Q1 (1 mark): Which of the following is the most likely effect of a large increase in interest rates? [1 mark]
  5. June 2024, Paper 2, Q8 (1 mark): An individual decides to open a savings account with a deposit of £6000. The annual interest rate paid on these savings is 5%. They close the account after 8 mo
  6. June 2023, Paper 2, Q11 (2 marks): 1 1 State two factors that may influence the rate of interest charged by banks lending money. [2 marks]
  7. November 2021, Paper 2, Q19.1 (2 marks): 1 9 . 1 An individual decides to open a savings account with a deposit of £8000. The annual interest rate paid on these savings is 1.2%. If they close the accou
  8. November 2021, Paper 2, Q19.2 (2 marks): 1 9 . 2 Explain one effect of a fall in interest rates on UK producers. [2 marks]
  9. November 2020, Paper 2, Q16 (2 marks): 1 6 State two factors that influence the level of interest rate charged by banks when lending money to businesses. [2 marks]

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