Investing
What is the name of the compulsory government scheme to help Australians save money towards their retirement?
Superannuation
What is statute law?
Law made by parliament
Name 1 type of employment contract
Award, Multi-Enterprise Agreement, Common Law Contract
What does RBA stand for?
Reserve Bank of Australia
The Liberal Party announced it will abandon what policy?
2050 Net Zero Target/Policy
What does ETF stand for?
Exchange Traded Fund
Give one example of an indictable offence
Murder, Armed robbery, Manslaughter
What is debt financing?
Sourcing funds from a third party and agreeing to pay the money back, with interest, by a future date
What is a complementary good to cereal?
Milk
Which city has overtaken Tokyo as the the worlds most populous city?
Jakarta
Name 3 micro-investing platforms
Sharesies, Pearla, Raiz, SuperHero, Stake, CommSec Pocket, Spaceship, Spriggy Invest
Alex was injured when he slipped and fell on a wet floor in a grocery store. What type of civil law is this an example of?
Tort -> Negligence
A SWOT analysis is a strategic planning tool. What does SWOT stand for?
Strengths, Weaknesses, Opportunities and Threats
What is the law of demand?
If the price decreases, the demand for that good or service increases.
The US has dropped its tariffs on what Australian product?
Beef
What is a blue chip stock?
A share of a well-established and financially stable company with a history of consistent growth and a strong track record of performance
What does 'mens rea' or 'actus reus' mean?
Actus reus is the "guilty act" (the physical element of a crime), while mens rea is the "guilty mind" (the mental state of intent).
What does operations of business refer to?
The series of steps taken by a business to turn its inputs into outputs.
What will the RBA do to reduce inflation and customer spending?
Increase the cash rate
A dozen of schools closed due to a product recall. What was the product?
Coloured play sand
What type of tax do you need to pay if you sell an investment property that you had been leasing out?
Capital Gains Tax
universal, inalienable (cannot be taken away) and inherent
What colour do you get if you mix together the two colours that appear twice in the Google logo?
Purple
According to the Five Sector Circular Model, when does economic growth occur?
Injections are greater than leakages
Which Federal MP has resigned from the Nationals?
Barnaby Joyce