Asha is paid a salary of £2,100 a month and spends £180 a month on her phone and broadband. On 1 March she owes £9,000 on a car loan, which she repays at £350 a month.
Which amount would be used when calculating Asha's wealth on 1 March?
The £350 monthly loan repayment
The £2,100 monthly salary
The £180 monthly phone and broadband spending
The £9,000 owed on the car loan
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.