Definitions
Having limited resources to achieve unlimited needs and wants.
A) Scarcity
B) Economics
C) Trade
A) Scarcity
What country is Australia's largest trading partner?
China
GTA V was released in what year?
A) 2013
B) 2012
C) 2014
A) 2013
Robert Pattinson played batman in which film?
A) The Batman
B) Batman
C) The Dark Knight
A) The Batman
Yeezus, The life of Pablo and Graduation are all albums released by which music artist?
The study of how people produce, consume and share wealth/the study of making choices.
A) Trade
B) Opportunity Cost
C) Economics
C) Economics
Who was Australia's largest trading partner in 1900?
The United Kingdom
Chapter 5
Rachel, Phoebe, Monica, Chandler, Joey and Ross are all characters from what sitcom?
Friends
Which music artist has won the most Grammy's for album of the year with 4?
Taylor Swift
What is this?
Buying, selling or exchanging goods or services between people, countries, etc.
Trade
What type of economic system does Australia have?
A) A planned capitalist economy.
B) A market capitalist economy.
C) A planned socialist economy.
D) A traditional economy.
B) A market capitalist economy.
Explanation:
Australia has a market capitalist economy, where private businesses, driven by profit and competition, provide most goods and services with minimal government intervention.
Arthur, John, Dutch and Hosea are all Characters from which video game?
Red Dead Redemption 2
How many Kardashians siblings are there?
Four
F!EN by Travis Scott features what other artist?
Playboi Carti
What is this?
The cost of the next highest-rated alternative once you have made a choice.
Opportunity Cost
Define the concept of globalisation
The linking of countries to provide a worldwide economy
How many games has FIFA and EAFC released?
A) 24
B) 38
C) 43
43
Which movie did Leonardo Dicaprio win an Oscar for?
A) The Wolf of Wall Street
B) Titanic
C) The Revenant
C) The Revenant
California Love from the Album All Eyez on Me is be which rap icon?
Tupac
What is this?
The way in which participants in the economy rely on one another/are connected to produce and consume goods and services.
Interdependence
In a market economy, who determines what goods and services are produced?
Consumers and producers
In a market economy, consumers influence demand, and producers respond by creating goods and services they expect to sell profitably. This interaction of supply and demand determines production.
Rust is a multiplayer map location. Which Call of Duty is it?
Modern Warfare II
What movie holds the record with $2,923,706,026 as the highest-grossing film in movie history?
Avatar (2009)
What British rock band has sold the most record in music history?
The Beatles