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Homework 1 - Income

Total questions: 7

Worksheet time: 7mins

Name
Class
Date
1.

Income is ...

a)

The number of people that walk through a door

b)

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

c)

The amount of money you earn/ is given to you

d)

The amount you pay to the government

2.

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

a)

Wages

b)

Gifts

c)

Grants

d)

Rewards

3.

Which of these is a definition of National Minimum Wage?

a)

The lowest amount of money a person can make

b)

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

c)

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

4.

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

a)

16

b)

18

c)

21

d)

23

e)

25

5.

Which of these is the National Minimum Wage for apprentices?

a)

$4.81

b)

£9.50

c)

£6.83

d)

£12.50

e)

£18.00

6.

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

a)

$4.81

b)

£9.50

c)

£6.83

d)

£12.50

e)

£18.00

7.

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

a)

$4.81

b)

£9.50

c)

£6.83

d)

£12.50

e)

£18.00