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2.1 Introduction to the national economy

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Question 8

A tax is regressive when the tax paid

[1]
A

decreases in cash terms whenever income rises

B

is a larger percentage of income for people on lower incomes

C

is collected directly from every taxpayer's income

D

is the same percentage of income at every income level

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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