Chapter 1~Household Income

Question 1

Regular income?

Answer 1

The income received at regular intervals

i. e ~ every week or month
e. g ~ wages

Question 2

Irregular income?

Answer 2

Income that is received now + again

e.g ~ presents

Question 3

Benefit in kind (BIK)?

Answer 3

A non cash form of income

e.g ~ company car

Question 4

What is another name for a (BIK)?

Answer 4

Perk

Question 5

Overtime?

Answer 5

The extra hours a person works after they have completed their normal working time

Question 6

Child benefit?

Answer 6

Payment made every month to parents of a child while they are still in education (up to 19)

Question 7

Grant?

Answer 7

A payment made to some students while they are studying at collage

Question 8

Job seekers benefit?

Answer 8

A weekly payment to the unemployed

Question 9

Regular income~employed person

Answer 9

• Salary

* child benefit

Question 10

Regular income~unemployed person

Answer 10

• job seekers benefit

* child benefit

Question 11

Regular income~retired income

Answer 11

• pension

* public transport

Question 12

Regular income~student

Answer 12

• grant

* pocket money

Question 13

Irregular income~employed person

Answer 13

• Christmas bonus

* overtime

Question 14

Irregular income~unemployed person

Answer 14

• lotto win

* casual work

Question 15

Irregular income~ retired person

Answer 15

• win at bingo

* presents

Question 16

Irregular income~student

Answer 16

• presents

* casual work

Question 17

Income?

Answer 17

The money received by a household