Government Policies Tackling Poverty (AQA A-Level Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is disposable income?
What is disposable income?
Gross income minus direct taxes
What does final income include that post-tax income does not?
What does final income include that post-tax income does not?
Benefits in kind like NHS and education
Which is an example of a universal benefit?
Which is an example of a universal benefit?
Winter fuel payment for all pensioners
What is the main advantage of means-tested benefits over universal benefits?
What is the main advantage of means-tested benefits over universal benefits?
More efficient as money targets those in need
What is fiscal drag?
What is fiscal drag?
Tax thresholds not rising with inflation
What causes the poverty trap for low-paid workers?
What causes the poverty trap for low-paid workers?
Overlap of tax threshold & benefits ceiling
What effective marginal tax rate can low-paid workers in the poverty trap face?
What effective marginal tax rate can low-paid workers in the poverty trap face?
Around 70%, sometimes exceeding 100%
At what earnings level did Universal Credit create a free school meals cliff edge in 2018?
At what earnings level did Universal Credit create a free school meals cliff edge in 2018?
£7,400
Who does the unemployment trap affect?
Who does the unemployment trap affect?
Unwaged people out of work
What behavioral economics insight does automatic pension enrolment use?
What behavioral economics insight does automatic pension enrolment use?
Opt-out rather than opt-in system