A government receives £2400 of income tax from each of 4000 workers. It also collects an indirect tax of £4 on each of 100,000 units of a product sold. What is the total revenue from these two taxes?
£0.4 million
£10.0 million
£49.6 million
£9.6 million
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.