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3.3 Fair distribution of income

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Question 14

The financial records of four people cover one year.

PersonFinancial record
AshaShe works 160 hours of overtime during the year, paid at £15 an hour.
BenHe places £60,000 of savings with a building society at the start of the year and receives £62,400 back at the end of the year.
CaraShe receives £200 each month in state benefits.
DevHis loan balance falls from £8,000 to £5,600 solely because he makes repayments from his wages.

Which person received £2,400 of income during the year as a return on an asset they own?

[1]
A

Cara

B

Dev

C

Asha

D

Ben

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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