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2.1 Introduction to the national economy

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Question 11

Table 1 shows the annual income tax paid by low-income and high-income households under four tax schedules.

ScheduleTax on income of £20,000Tax on income of £60,000
A£1000£12,000
B£2000£6000
C£3000£6000
D£4000£9000

Using Table 1, which tax schedule is progressive?

[1]
A

Schedule A

B

Schedule B

C

Schedule C

D

Schedule D

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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