1) The process by which prices rise and fall as a result of changes in supply and demand ? a) Economic Growth b) Unemployment c) Price mechanism d) Inflation 2) The right price where supply and demand are equal is ? a) A good deal b) Equilibrium Price c) Price mechanism d) Discount Price 3) What are economic performance indicators? a) Cash Rate b) Population c) Inflation d) Wage Growth e) Price of a coffee 4) What does GDP stand for ? a) Gross Domestic Price b) Good Domestic Product c) Gross Domestic Product 5) An acceptable rate of increase in the GDP is? a) Above 5% b) 1-2% c) Under 2% d) 3-4% 6) A sustained increase in the general price level in the economy is ? a) GDP b) Inflation c) Economic Growth d) Wage Growth 7) The % of the total labour force who are without a job but actively looking for work one are classed as ? a) Unemployed b) Part Time c) Casual 8) Types of Unemployment are ? a) Seasonal b) Cyclical c) Emotional d) Overseas workers 9) To measure inflation, the Australian Bureau of Statistics measures the ? a) CIP b) PCI c) CPP d) CPI 10) Australian Businesses sell exports ? a) True b) False 11) Our biggest two way trading partner is? a) South Korea b) China c) USA d) Singapore 12) Causes of Inflation are ? a) High Demand b) Increase in population c) Higher costs of production d) Less spending 13) A positive of globalisation is ? a) Increase in wealth coming into the country b) Damage to environment c) Cheap working conditions 14) The interest rate that a central bank will charge commercial banks for loans is the ? a) Unemployment rate b) Wage rate c) Cash rate d) Weekly earnings rate

Economics

על ידי
הטבעה

לוח תוצאות מובילות

סגנון חזותי

אפשרויות

החלף תבנית

האם לשחזר את הנתונים שנשמרו באופן אוטומטי: ?