Homework 1 - Income

Income is ...

• The number of people that walk through a door

• The amount of money you have left after you pay for everything

• The amount of money you earn/ is given to you

• The amount you pay to the government

Which of these is a word for money people receive for doing a job?

• Wages

• Gifts

• Grants

• Rewards

Which of these is a definition of National Minimum Wage?

• The lowest amount of money a person can make

• The lowest amount of money a business is legally allowed to pay someone per hour

• The lowest amount of money a business can get away with paying its employees

How old do you need to be to qualify for the National Living Wage?

• 16

• 18

• 21

• 23

• 25

Which of these is the National Minimum Wage for apprentices?

• $4.81

• £9.50

• £6.83

• £12.50

• £18.00

Which of these is the National Minimum Wage for 18 to 20 year olds?

• $4.81

• £9.50

• £6.83

• £12.50

• £18.00

Which of these is the National Minimum Wage for people who are 23 years old and over?

• $4.81

• £9.50

• £6.83

• £12.50

• £18.00