Libf unit 1 - Study guides, Class notes & Summaries

What is the National Living Wage for those aged 25 and over? - Answer- £8.72 What is the minimum wage for those aged 21-24? - Answer- £8.20 What is the minimum wage for those aged 18-20? - Answer- £6.45 What is the minimum wage for those under 18? - Answer- £4.55 What is the minimum wage for apprentices under 19 or in their first year? - Answer- £4.15 How many hours can an employee work? - Answer- An employee can work a maximum of 48 hours per week averaged over 17 weeks unle...

LIBF Unit 1 - topic 1, 2, 3. Questions and answers, 100% Accurate, graded A+ Austerity - -A government measure to reduce the amount of money it spends (usually reduced wages and benefits), resulting in difficult financial conditions for a population. Benefits - -Money and other financial support (such as reduced bus and train fares or provision of housing) that the government provides for people who are unable to get any other income. Bonds - -A certificate that shows you have bought ...

LIBF- CeFS UNIT 1 (FCIS) Q&A with complete solution 2023/2024

LIBF Unit 1 topics 1, 2, 3, 4, 5 & 6. Full exam review. Rated A+ Acceptable - -One of the key features of money - to be widely accepted. Barter - -To exchange goods and services for other goods and services without using money. Current account - -Bank or building society accounts where people can store their money in the form of electronic balances and withdraw it to make payments. Denomination - -A group of coins or notes that share the same face value. Divisible - -A key featu...

LIBF Unit 1 Topic 1 Exam Questions with Correct Solutions 2024.

LIBF Unit 1 E-Test Revision-2 with Complete Solutions A+ Guaranteed

LIBF Unit 1 Topic 12 Exam Questions and Answers with Certified Answers.

LIBF Unit 3 topics 1, 2, 3, 4, 5, 6, & 7 Q&A with complete solution 2023/2024

LIBF unit 1 Topic 2 Key Words Well Explained with Guaranteed Success.

LiBF Unit 1 Question with accurate answers, 100% Accurate, rated A+ Citizen - -Someone who is legally considered to be a member of a country and has certain rights and responsibilities within that country Who decides who becomes a citizen - -The government home office Society norms - -rules and expectations of the behaviour of people 1.2 Outline the role and duties of a citizen in society in the UK. - -Political rights and responsibilities Legal rights and responsibilities Econom...