Unit 11 personal economics 0.0 / 5 ? Economicspersonal economicsGCSEAQA Created by: KT62021Created on: 30-04-16 20:28 Automatic transfer of funds between bank accounts e.g. employers to employees BACS 1 of 6 a tax paid by workers which entitles the workers to qualify for benefits when needed e.g. jobs seekers allowence NIC 2 of 6 a document provided by an employer on an annual basis showing total pay and deduction for the year P60 3 of 6 a document provided by an employer when and employee leaves their job. P45 4 of 6 deductions from pay that contributes to a pension pension contribution 5 of 6 a country that trades with other countries open economy 6 of 6
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