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3.3 Fair distribution of income

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Question 7

At a particular date, Nia owns a car worth £19,000 and shares worth £44,000. Her net wealth is £38,000, and her only debt is a loan.

What is the amount Nia owes on the loan?

[1]
A

£25,000

B

£63,000

C

£6,000

D

£38,000

Markscheme

3.3 Fair distribution of income Questions

  1. GCSE
  2. /Economics
  3. /3.3 Fair distribution of income

64 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.

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