What is a labour market?

A place where worker and employers interact with each other.

What is a stock market?

Where shares in companies are bought and sold.

The amount of goods, services that producers offer for sale.

Do markets have a physical location?

Markets are wherever people trade.

Money paid regularly in repayment of debt.

What are financial markets?

A place where people trade financial commodities., Where people trade money.

Company profits paid to shareholders.

Why has online shopping increased over the last fifteen years?

New and improved technology makes online shopping easier.

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Business and Economic Questions

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A quick quiz of #Australian #economic and #business questions.

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Questions 11

Answers

1
What is a labour market?
A place where worker and employers interact with each other.
A market for labourers.
A market where people bid for labourers.
Where workers compete for jobs.
2
What is a stock market?
Where shares in companies are bought and sold.
A standard market.
The market where chefs buy and sell stock flavouring.
A market that can be organised anywhere.
3
What does ASX stand for?
Australian Securities Exchange
Australian Soccer Xtreme.
Australian Social WorkeXs.
Australian Securities eXcellence
4
What is supply?
What is in a store.
How much a consumers purchasers.
The amount of goods, services that producers offer for sale.
What is in the shopping trolley.
5
Do markets have a physical location?
Markets are wherever people trade.
Markets require a physical location.
Markets need shops.
Markets sometimes require a location.
6
What is interest?
Money that is interesting.
Money paid regularly in repayment of debt.
Cost of doing business.
Money for banks.
7
What are financial markets?
A place where people trade financial commodities.
Where people get money.
Where businesses make money.
Where people trade money.
8
What are dividends.
The end of a contract where the parties have to sign.
An agreement dividing up an estate.
Company profits paid to shareholders.
Left over money.
9
What is the minimum wage the must be paid to all employees over the age of 21?
There is no minimum wage.
$12
$16.87
$15.65
10
What is profit.
What consumers pay for goods and services.
Money
What remains after costs.
What retailers charge for their goods.
11
Why has online shopping increased over the last fifteen years?
The internet is new and exciting.
New and improved technology makes online shopping easier.
People prefer shopping with screens to stores.
Online shopping is quick and efficient.

Business and Economic Questions Flashcards | StudBud