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2.1 Introduction to the national economy

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Question 11

A government receives corporation tax of £18,000 from each of 500 companies. It also receives council tax of £1,200 from each of 12,000 homes.

How much greater is the council tax revenue than the corporation tax revenue?

[1]
A

£23.4 million

B

£9.0 million

C

£14.4 million

D

£5.4 million

Markscheme

2.1 Introduction to the national economy Questions

  1. GCSE
  2. /Economics
  3. /2.1 Introduction to the national economy

75 exam-style questions on AQA GCSE Economics 2.1 Introduction to the national economy, covering 2.1.1a What an interest rate is, 2.1.1b Interest rates and consumer decisions, 2.1.1c Interest rates, producer decisions and calculations, 2.1.2a UK government revenue and spending, and 2.1.2b Direct, indirect and progressive taxation. Each one has a worked solution and a mark scheme showing where the marks go.

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