YR10 Commerce (Pre Task 1)

Which of the following is an advantage of casual work?

• High degree of job security

• Being paid a loading to compensate for not having leave entitlements

• Possibility of fringe benefits such as a car, or profit sharing

• Determining your own wages and working conditions

Which of the following is correct of the income taxation system for individuals in Australia?

• The PAYG system is used, which is a progressive tax system

• The GST is used, which is a regressive tax system

• There is one fixed rate, regardless of earnings

• Rates vary from one industry to another, depending on rules set by the ATO

Who sets Australia’s minimum wages levels?

• Australian Industrial Relations Commission

• Fair Work Australia

• Minimum Wage Case Board

• Australian Workplace Agreement Board

Which of the following economic conditions would reduce unemployment levels?

• High interest rates

• Decreased investment levels from the USA, in Australia

• Decrease in government spending on the Australian economy

• High levels of approvals for the building of new homes

Observe the tables below.

• Males are more likely to be employed part time, than females

• People are more likely to be employed part time, than full time

• There are more males employed full time, than part time

• There are more females employed, than males

With Australia experiencing a commodity boom, many people have chosen to work in the mining industry. Which type of industry is mining?

• Primary

• Retail

• Secondary

• Tertiary

Which of the following represents the changing work patterns in Australia?

• An increase in the proportion of full-time workers and a decrease in casual workers

• An increase in the proportion of casual work and a decrease in full-time workers

• A decrease in the number of women entering the workforce since the government introduced the 'baby bonus'

• A decrease in the number of part-time work available

When would unemployment tend to rise?

• When economic activity is strong

• When there is an increase in retail spending

• When there is a downturn in economic activity

• When more tourists visit Australia

Which organisation sets the minimum rate of pay in Australia?

• Fair Work Australia

• National Employment Standards Committee

• Equal Employment Opportunity group

• Industrial Relations Commission

What are the two main aims of trade unions?

• To promote industry growth and increase employment rates

• To improve wages and improve working conditions

• To improve relationships between employers and employees

• To increase the number of sick leave days and superannuation rates