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How and why do bank runs occur?

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Understanding economic data: Measuring income inequality and poverty

EXAM-STYLE QUESTIONS

Questions on UK pay

Steve Stoddard presents a series of exam-style questions on topics covered in articles featured in this issue of Economic Review. Answers to these questions can be found online at Economic ReviewExtras

Table 1 UK pay by category of occupation, 2002–22

Go to www.hoddereducation.com/economicreviewextras for answers to these questions

1 Using Table 1, calculate the ratio of weekly pay of managers, directors and senior officials to the weekly pay of caring, leisure and other services in October to December 2022. Give your answer to two decimal places. (2 marks)

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Previous

How and why do bank runs occur?

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Understanding economic data: Measuring income inequality and poverty

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