Gce Model Questions Vol1 2020 Government Question 14
Practice objective / multiple choice question 14 from the 2020 Gce Model Questions Vol1 Government examination.
A country allocates central‑government grants to local authorities using the formula: \[\text{Grant}=\text{Base}+0.2\times\text{Population}+0.1\times\text{Revenue}\] where the Base is £5 million, Population is expressed in thousands, and Revenue is in £ million. Authority A has a population of 150 000 and generates £12 million in revenue. The government reforms the formula by increasing the revenue weight from 0.1 to 0.15 for all authorities. What is the percentage change in the grant received by Authority A after the reform? Give your answer to two decimal places.
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About This Question
This is Gce Model Questions Vol1 2020 Government Question 14. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Government examination.
Difficulty level: Hard .
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