Year 9 Economics unit revision

What does GST stand for

• gone service tax

• goods and service tax

• goods and toast tax

• goods and service transport

What is the percentage of GST added

• 11%

• 13%

• 15%

• 17%

Which is not a form of cash

• notes

• coins

• eftpos

• hire purchase

what does the S stand for in SMART goal

• Smart

• simple

• specific

• saving

Is layby a form of cash

• yes

• no

Which is not a form of credit

• credit card

• hire purchase

• charge account

• eftpos

What is tax money not used for

• hospitals

• schools

• defence forces

• lunch money

What does the A stand for in SMART Goal

• Achievable

• Always

• Airport

• Adventure

What does the M stand for in SMART goal

• Measure

• Measurable

• minute

• mine

What are expenses

• Things we need

• Things we need and have to pay for

• free items

• expensive items we must have