NEW
Font size
WorksheetsIntro to UK Economics
Total questions: 15
Worksheet time: 8mins
What is the name given to the member of cabinet in the British Government responsible for running the Treasury?
Treasurer
Head of UK Treasury
Chancellor of the Exchequer
Home Secretary
Who is the current Chancellor of the Exchequer?
What is the current rate of UK Inflation (CPI July 2018)?
2.5%
2.0%
1.5%
3.0%
What is the current rate of UK unemployment (Claimant Count Apr-July 2018)?
11%
2%
4%
6%
What is the current rate of economic growth in the UK (GDP April - June 2018)?
0.1%
0.4%
2.0%
3.4%
Which country has the highest standard of living (HDI)?
Norway
Singapore
Switzerland
USA
Which country has the highest level of overall economic output (Total GDP)?
China
Japan
USA
Germany
Which country has the highest level of economic output, per person living in that country (GDP per capita)?
USA
Switzerland
Liechtenstein
Luxembourg
What is the highest rate of Income Tax in the UK?
25%
35%
45%
50%
What is the current National Minimum Wage for UK workers aged 25 and over? (UK National Living Wage)
£8.04 an hr
£9.56 an hr
£6.73 an hr
£7.83 an hour
What is the current level of UK unemployment benefit (Job Seekers Allowance JSA)?
£65.10
£73.10
£95.10
£103.10
What post does this individual hold?
US Secretary for UK Relations
CEO of Fox News
Governor of the Bank of England
What is the current Bank of England interest rate?
0.5%
0.75%
1.5%
2.25%
If you invested £1,000 in gold in 2002, how much would it be worth today?
£925
£1550
£2,250
£3,750
In terms of what it could buy, what would be the equivalent value today, of £1 in 1970?
£5
£10
£15
£20
