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2.7 The labour market

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Question 12

A laboratory assistant's payroll record contains the following entries.

EntryPayroll record
PBasic wages
QAdditional shift payment
REntries P and Q added together
SAmount transferred after income tax, National Insurance and a pension contribution are subtracted from entry R

Which payroll entry is the laboratory assistant's gross pay?

[1]
A

Entry Q

B

Entry S

C

Entry R

D

Entry P

Markscheme

2.7 The labour market Questions

  1. GCSE
  2. /Economics
  3. /2.7 The labour market

80 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.

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