Abstract
John Percival is a maintenance fitter at a limestone works in Derbyshire. He is married to Jean and they have two boys, Simon aged nine and Mark aged four. John earns £200 per week but after various stoppages for tax, national insurance, pension contribution, union fees, etc. his take-home pay is £140 per week. Jean has a part-time job for which she receives net (after stoppages) £45.50 per week. The child benefit for the two boys comes to £14.50 per week so that the combined family income is £200.
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© 1989 Terry Price
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Price, T. (1989). Goods and services. In: Mastering Background to Business. Macmillan Master Series. Palgrave, London. https://doi.org/10.1007/978-1-349-19833-7_1
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DOI: https://doi.org/10.1007/978-1-349-19833-7_1
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-48802-7
Online ISBN: 978-1-349-19833-7
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