Table 1 shows the annual income tax paid by low-income and high-income households under four tax schedules.
| Schedule | Tax on income of £20,000 | Tax 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?
Schedule A
Schedule B
Schedule C
Schedule D
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.