Economics
Which organisation controls interest rates?
Reserve Bank of Australia (RBA)
An increase in the price of the goods and services that households buy.
Inflation
What year is officially recognized as the beginning of the modern Olympic Games? a) 1886 b) 1896 c) 1906 d) 1916
1886
As a group...sing the entire happy birthday song.
Romeo, take me somewhere we can be alone
I'll be waiting, all there's left to do is run
You'll be the prince and I'll be the princess
It's a love story, baby, just say, "Yes"
What is the national animal of Scotland? a) swan b) unicorn c) red deer d) puffin
unicorn
What is the current cash rate? a) 3.30% b)3.75% c) 4.35% d) 5.15%
4.35%
The most well-known indicator of inflation
Consumer Price Index (CPI)
In what year was the International Football Federation (FIFA) founded? a) 1904 b) 1923 c) 1948 d) 1960
1904
Sing the chorus - Taylor Swift -Love Story
Romeo, take me somewhere we can be alone
I'll be waiting, all there's left to do is run
You'll be the prince and I'll be the princess
It's a love story, baby, just say, "Yes"
The lady of the Statue of Liberty holding a torch in the left hand or right hand?
Right hand
Name 2 groups in the CPI basket
See teacher
If prices fall (go down), this is called
Deflation
What game is considered the national sport of Japan?
Sumo
PRIZE - Finish these lyrics "I can buy myself flowers,
write my name in the sand..." (extra 100 points if you sing it).
"Talk to myself for hours, say things you don't understand"
Which animal is the mascot for Hufflepuff house in the Harry Potter books?
Badger
What is the name of the practice of reducing the size or quantity of a product whist the price stays the same or slightly increases? a) skrinkflation b) hyperinflation c) built-in inflation d) donation
skrinkflation
PRIZE - refers to situations where there are not enough products or services being produced to keep up with demand, causing their prices to increase.
Demand-pull inflation
Which club won the UEFA Champions League the most times? a) Real Madrid b) Barcelona c) Bayern Munich d) Manchester United e) Melbourne Victory
Real Madrid
Finish these lyrics: "Tastes like strawberries" (extra 100 points if you sing it).
"On a summer evenin'
And it sounds just like a song"
Who invented the light bulb?
Thomas Edison
What is the current unemployment rate in Australia? a) 1% b) 2% c) 3% d) 4% e) 5%
4%
Occurs when the cost of producing products and services rises, forcing businesses to raise their prices.
Cost-push inflation
Who won the Norm Smith Medal in the AFL 2022 Grand Final?
Isaac Smith
Sing the chorus of "Shape of You" by Ed Sheeran
I'm in love with the shape of you
We push and pull like a magnet do
Although my heart is falling too
I'm in love with your body
And last night you were in my room
And now my bedsheets smell like you
Every day discovering something brand new
What type of dog is Scooby-Doo?
Great Dane