Economics Pre-Test
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Last updated over 5 years ago
15 questions
1
Define Economy
Define Economy
1
Define Distribution
Define Distribution
1
Define Financial
Define Financial
1
Define Labour
Define Labour
1
Define Income
Define Income
1
Microeconomics refers to personal finances
Microeconomics refers to personal finances
1
Define inflation
Define inflation
1
What is unemployment?
What is unemployment?
2
What is the impact of unemployment on the person who is unemployed?
What is the impact of unemployment on the person who is unemployed?
3
What would be the impact of unemployment on society?
What would be the impact of unemployment on society?
5
Look at Source A, what are Australia’s major exports?
Look at Source A, what are Australia’s major exports?
1
Look at Source A, what are Australia’s major imports?
Look at Source A, what are Australia’s major imports?
4
What are the benefits and problems of trade?
What are the benefits and problems of trade?
1
Look at Source B, select the top 3 trading partners
Look at Source B, select the top 3 trading partners
4
Explain what you think would be the impact on Australia if it no longer traded with countries in Asia.
Explain what you think would be the impact on Australia if it no longer traded with countries in Asia.