Card 1 of 27
How is disposable income calculated from household income?
A
Subtract direct taxes and add state benefits.
B
£33,480.
C
The richest fifth had 5.6 times the poorest fifth's disposable income.
D
Its debts exceed its assets.
Card 1 of 27
3.3.2 Calculate income and wealth Flashcards
27 flashcards on OCR GCSE Economics 3.3.2 Calculate income and wealth: the key terms, formulae and calculations you need to recall for Component 01 and Component 02.