Money Myths

Q1: Where would you say money comes from?

Q2: Does the money in circulation depend on the quantity of gold in the world:

True

False

Other

Q3: UK bank notes are printed 'I promise to pay the bearer ...'. If you took a note to a bank and asked to be paid, what would you get?

Gold

Coins

Other

Q4: If the government says there is not enough money to pay for the NHS, or benefits, or pensions, is this statement:

True

False

Other

Q5: If the government spends more than it raises in taxes ( a 'Budget Deficit' ), is this just like an individual living off their credit card?

Yes

No

Other

Q6: What does the term 'Quantitative Easing' mean to you?:

Q7: The contribution of the financial sector to public finances is:

A huge positive figure

A huge negative figure

Other

Q8: Which comes first: savings or investment? Hint: think about the statement: “Savings provide funds for investment”.

Savings are needed first

Investment is needed first

Other

Q9: The Bank of Scotland current strapline is: 'From bartering to contactless'.

Any comments?

You don't need to answer these (or indeed any) questions. Any information you send will be added to our list of responses (excluding your contact details). You will be able to view a selection of responses to date upon submission. You can make contact here.

Your name:

Your email:

Any comments:

Money

Government

Banks

Finally ...