Market Types Quiz

Which of the following is NOT a type of retail market?

• Wholesale markets

• Central business districts (CBDs)

• Suburban shopping malls

• Local shopping centres

What percentage of total retail sales did online shopping account for in Australia by 2021?

• 19.3%

• 6.6%

• 15%

• 23%

What is the labour market?

• A place where goods are sold

• A market for buying and selling an individual's work

• A type of financial market

• A place where shares are traded

What is the price of having access to money that belongs to someone else called?

• Commission

• Fee

• Dividend

• Interest

What is a depositer?

• A financial advisor
• A person who withdraws money from a bank
• A type of bank account
• A person who places money in a bank or financial institution for safekeeping or to earn interest.

How do banks make a profit from the money deposited with them?

• By charging a higher interest rate to borrowers than they pay to depositors

• By charging fees for account maintenance

• By investing in the stock market

• By offering loans at no interest

What is the Australian stock market called?

• Australian Stock Exchange

• Sydney Stock Exchange

• Australian Securities Exchange

• Melbourne Stock Exchange

Which of the following companies is NOT listed on the Australian Securities Exchange?

• Amazon

• Wesfarmers

• BHP Billiton

• Woolworths

What happens to the price of shares if more people want to buy than to sell?

• The price tends to rise

• The price tends to fall

• The price remains the same

• The price becomes volatile

Which of the following is a primary function of financial markets?

• Providing loans to individuals

• Facilitating the buying and selling of shares

• Issuing government bonds

• Setting interest rates