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Australian Government & Economics
Taxes on imported goods
A limit on imported goods
Australian Government & Economics
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Questions
30
Answers
1
A limit on imported goods
embargo
quota
tariff
subsistence
2
Taxes on imported goods
embargo
quoto
subsistence
tariff
3
When a country stops all trade with another country
embargo
subsistence
tariff
quota
4
Type of government for Australia
Central Government
Federal Monarchy
Federal dictator
Federal Parliamentary Democracy
5
Economic system in which the government has control
command
market
traditional
6
If a country has a high literacy rate, they also have a high:
standard of living
unemployment
birthrate
tax rate
7
What's the purpose of trade barriers?
to increase government power
protect a country's economy
to prevent war
to increase the price of porducts
8
FEDERAL is a system where the unit joins an alliance for a special purpose
False
True
9
Most countries are considered MIXED because there are no pure Market or no pure Command economies
False
True
10
Who has the most political power in Australia's government?
Members of Parliament
King Charles III
Governor General
Prime Minister
11
Entrepreneurs help to increase Australia's economy by producing jobs
False
True
12
In a command economy, the government makes most decisions
False
True
13
What are the two types of democracies?
presidential and parliamentary
dictatorship and presidential
Presidential and constitutional
parliamentary and dictatorship
14
Investments in education, health, skills, and training:
capital goods
Human capital
standard of living
physical capital
15
Who chooses the governor general in Australia?
Prime Minister
Citizens
King Charles III
Members of Parliament
16
Who is the head of state in Australia?
Prime Minister
Governor General
Chancellor
King of England
17
What type of government does Australia have?
presidential democracy
constitutional monarchy
parliamentary democracy
dictatorship
18
Who is the head of government in Australia?
King of England
Chancellor
Governor General
Prime Minister
19
Which members of government do Australians elect directly?
President
Members of Parliament
Governor General
Prime Minister
20
What is necessary for countries to be able to trade with each other?
large investments in human capital
trade barriers
system of currency exchange
high GDP
21
Who is the monarch of Australia?
King James III
King Charles III
King Charles IV
King James IV
22
What is the role of government in Australia?
to set the prices of goods & services
to protect property and intellectual rights
to regulate amount of goods that farmers can produce
to control the majority of their energy sector
23
Australia specializes in
automobiles
mining
telecommunications
renewable energy
24
A Parliament government consists of the King, Governor General, and The Prime Minister
False
True
25
Most countries have a Command economic system
True
False
26
Updating buildings and technology will help to increase economic growth
False
True
27
Which type of economic system is based on supply and demand?
traditional
market
command
28
Australian citizens are required to do what?
Vote in elections
Become an entrpreneur
Go to college
Become homeowners
29
What type of economic system does Australia have?
command
market
traditional
30
Describe the role of the citizens in Australia.
they can choose to vote with pay
they can choose to vote or not
They must be 18 & a member of parliament
they must vote or pay a fine