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Quiz

Economic revision test

Annalise Watson 17 perguntas

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Perguntas do quiz (17)

  1. 1The unemployment [blank_start]rate[blank_end] is the [blank_start]percentage[blank_end] of Australians who are above the age of [blank_start]15[blank_end], and are able and [blank_start]willing[blank_end] to begin working but are not.
    1. Apercentage
    2. B15
    3. Cwilling
    4. Drate
  2. 2Select the yearly Australian unemployment target rate.
    1. A2-3%
    2. B1%
    3. C5%
    4. D14%
  3. 3Choose the best reason as to why the target unemployment rate is not 0%
    1. ABecause they don't feel like it
    2. BBecause 0% unemployment limits economic growth
    3. CBecause some people like not working and we should respect that
  4. 4[blank_start]Cyclical[blank_end] unemployment occurs during [blank_start]downturns[blank_end] of the business cycle, when workers lose their employment positions because of these [blank_start]losses[blank_end]. An example of this would be when waiters or steel workers get [blank_start]fired[blank_end] due to a [blank_start]recession[blank_end] in sales.
    1. ACyclical
    2. BFrictional
    3. CSeasonal
    4. DGeneral
    5. Edownturns
    6. Fupturns
    7. Gsuccesses
    8. Hlosses
    9. Igainz
    10. Jsuccessful times
    11. Krecession
    12. Lincrease
    13. Mlarge increase
    14. Nfired
    15. Opromoted
    16. Pengaged
  5. 5Underemployment occurs when someone gets demoted.
    1. AVerdadeiro
    2. BFalso
  6. 6Choose the best reason as to why the underemployment rate might be higher than the unemployment rate at any one point in time.
    1. APeople like working to be busy and it gives them a sense of purpose
    2. BPeople need to earn money to survive, so will be employed regardless of whether their job is using their skills the best
    3. CIt sounds better to say that you have a job, rather than being unemployed until you find a job that best uses your skills
    4. DSOCIETAL PRESSURE
  7. 7What is the best reason that could explain the yOuTH uNEmPLoYmEnT cRiSiS (there's two answers)
    1. Ayoung people cbb to contribute to society in a positive way bc these damn millennials are so entitled
    2. Bwe're all just lazy
    3. Cmany entry-level jobs have been automated and replaced the need for inexperienced people to complete them
    4. Dwhy work wHeN nEtfLIX eXisTs
    5. Ewifi
      duh
  8. 8which of these is not a form of unemployment
    1. Astructural
    2. Bcyclical
    3. Cgeneral
    4. Dphysical
    5. Efrictional
  9. 9what are the three basic economic questions
    1. Awho buys the things
    2. Bwhat is the thing
    3. Chow do we make the things
    4. Dwhy do we make the things
    5. Ehow much is the thing going to cost
  10. 10a list of the economic systems, in order of where the government has the most control - least control: [blank_start]planned socialist[blank_end], planned capitalist, [blank_start]market socialist[blank_end], [blank_start]market capitalist[blank_end], [blank_start]subsistence[blank_end]
    1. Aplanned socialist
    2. Bmarket socialist
    3. Csubsistence
    4. Dmarket socialist
    5. Eplanned socialist
    6. Fmarket capitalist
    7. Gmarket capitalist
    8. Hplanned socialist
    9. Isubsistence
    10. Jmarket socialist
    11. Ksubsistence
    12. Lplanned socialist
    13. Mplanned capitalist

Informações

Descrição
a quiz made for year 9 economics, based on the revision booklet but not centred around it
Idioma
English
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