General Maths Week 3 Quiz Consumer Arithmetic 2

General Maths Week 3 Quiz Consumer Arithmetic 2

11th Grade

16 Qs

quiz-placeholder

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General Maths Week 3 Quiz Consumer Arithmetic 2

General Maths Week 3 Quiz Consumer Arithmetic 2

Assessment

Quiz

Mathematics

11th Grade

Hard

Created by

Scott Leisemann

Used 8+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The GST is a

income tax

value-added tax

government levy

PAYG tax.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

My home has increased in value. This is a form of

inflation

depreciation

appreciation

luck.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

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

Media Image

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

Media Image

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

Media Image

The US dollar is also called the

greensheet

greenleaf

greenback

green card

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When I buy foreign currency, I want the exchange rate to be

high

low

flat

whatever

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