Table 1 shows four selected transactions recorded by the UK government in one financial year.
| Transaction | Amount (£ billion) |
|---|---|
| Building new schools | 8 |
| Speeding fines received | 0.2 |
| Income tax received | 250 |
| Teachers' salaries | 35 |
Which calculation shows the amount by which the selected government revenue exceeds the selected government spending?
(250 + 0.2) − (35 + 8)
(250 + 35) − (0.2 + 8)
(35 + 8) − (250 + 0.2)
(250 + 8) − (35 + 0.2)
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.