A household receives a salary of £2,400 each month and £30 each week in state benefits. It pays £4,500 in direct taxes during the year. What is the household's annual disposable income?
£30,360
£34,860
£25,860
£24,330
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.