The GST is a
General Maths Week 3 Quiz Consumer Arithmetic 2

Quiz
•
Mathematics
•
11th Grade
•
Hard
Scott Leisemann
Used 8+ times
FREE Resource
16 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
income tax
value-added tax
government levy
PAYG tax.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
My home has increased in value. This is a form of
inflation
depreciation
appreciation
luck.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
I bought a new car last year for $120 000. Today it's worth $100 000. This is a type of
appreciation
depreciation
inflation
bad luck.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bottle of milk cost more this year than last year. This is called
inflation
appreciation
depreciation
lactose intolerance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bottle of milk costs $5 today. Inflation is 7% p.a. How much did a bottle of milk cost last year?
$5.35
$7.00
35 cents
$4.67
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The US dollar is also called the
greensheet
greenleaf
greenback
green card
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When I buy foreign currency, I want the exchange rate to be
high
low
flat
whatever
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