Balance of payments/distribution of income/xmas

The objective about income is called: The ...................of income

• disassociation

• direction

• distribution

• delivery

You can have no income and still be deemed as 'wealthy'

• true

• false

Wealth is a stock of (a)   such as money, land, houses as it can be counted at any one point in time.

Income can be (choose all that apply)

• wages

• salary

• rent

• earned from assets

Your yearly pay

(a)  

Which is not an example of wealth

• pension

• wages

• property

• life insurance

Which was the correct order of lowest to highest paid jobs

• 1. Tyre fitter

  2. Teaching assistant

  3.Estate agent

  4.Fire fighter

• 1. Estate Agent

  2. Fire Fighter

  3. Tyre Fitter

  4. Doctor

• 1. Surgeon

  2. Teacher

  3. Doctor

  4. Estate Agent

• 1. Teaching assistant

  2. Tyre fitter

  3. Estate Agent

  4. Fire fighter

Which 2 are examples of assets

• car

• income from labour

• land

• wage

When you get money from someone, gifted to you

• earnings

• inheritance

• profit

• pension

The greater the income, the more chance of....

• having assets

• promotions

• paying less tax