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Economics Basics and World of Work Revision Quiz Flashcards | StudBud
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Economics Basics and World of Work Revision Quiz
Economics Basics and World of Work Revision Quiz
26 terms
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StudBud Administration
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19 plays
#Year7 #economics
Flashcards
26 cards
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Questions
26
Answers
1
An iPod is an example of a...
wage
need
good
service
2
A want is....
something we would like to have
sometimes necessary for survival and sometimes not
necessary for survival
something we have to have
3
Services are...
punishments for not doing your job properly
things you have to have for survival
something you pay someone else to do for you
free
4
The person who makes a good or provides a service is called a...
producer
consumer
slave
employer
5
Australian workers must be paid....
in BitCoin
no more than $50 per hour
whatever they demand
at least the minimum wage
6
Income is...
money you pay your employer
money you earn for working
Money you pay your employer and the government
money you pay the government
7
Shift work is...
the lowest paying type of work
only for teenagers
when you work 35+ hours a week, but in a shifting pattern
the same as casual employment
8
Which of the following should you
not
wear to a job interview?
suits and ties
sunnies and denim shorts
thongs and singlets
miniskirts
9
Which of the following is
not
a basic human need?
shelter
water
Justin Bieber tickets
food
10
Superannuation is...
when your boss rewards you for doing a really good job
when you pay your boss to get the shifts you want
a bonus for working on holidays
a portion of income invested for your retirement
11
Someone trying to get a job is known as which of the following?
an employee
an employer
a consumer
an applicant
12
A salary is...
the same as a wage
an hourly rate of pay
pointless
a flat rate of pay for a whole year's work
13
A person that uses or buys goods and services is a...
employee
producer
employer
consumer
14
Someone who cleans houses for others is providing a...
rewards
free trial
service
good
15
A white collar worker....
could include plumbers or truck drivers
performs manual labour
does not perform manual labour
could be a teacher or accountant
16
How many hours do you have to work to be employed?
at least 1
more than 10
you are employed if you are looking for a job
over 20
17
ATM stands for....
Automatic Transaction Machine
Australian Transaction Machine
Automatic Teller Machine
Australian Teller Machine
18
Manual labourers include....
a plumber
a teacher
a chippie
a doctor
19
Goods are....
bonuses given for good work
things that someone pays you to do
the term given to the best service providers
physical products that consumers use and/or buy
20
Phishing is....
when the bank asks for your personal data
when you apply for a credit card
someone trying to electronically scam your personal data
catching a perch or barramundi
21
Someone who has full-time employment if they work ______ hours per week.
1 or more
35+
20 or more
at least 40
22
How should you
not
answer the phone at work?
Hello. Thank you for calling. How may I help you?
You are interrupting my SnapChat time.....Why??
Welcome to Burger King, home of the Whopper. What's ya beef?
Yo.
23
Lollies sold at a school athletics carnival is a...
wage
salary
good
service
24
People who work for themselves are...
self-employed
personal
crazy
personnel
25
Casual employment is...
when you work whenever you want to
when the hours worked varies each week
only working on weekends
only for teenagers
26
Penalty rates are...
money you pay your boss if you make a mistake
an increased rate of pay for working on weekends
money you pay your boss to get the weekend off
money your bosses pay you to not work
