Australian Economics

In Australia, each state

• elects the same number of senators.

• has an equal vote in selecting the prime minister.

• has an equal vote in electing the governor-general.

• elects the same number of members of parliament.

If Sophie suggests someone go into business for themselves, is she an entrepreneur? Why or why not?

• Sophie is not an entrepreneur because she organized a new business but did not accept any risks.

• Sophie is an entrepreneur because she gave Noah the idea to begin selling his baked goods in a shop.

• Sophie is not an entrepreneur because she did not organize or operate a business and accepted no risks.

• Sophie is an entrepreneur because she accepted the risk of Noah taking her idea to open a shop selling baked goods.

Which statement about the location of the Great Victoria Desert is correct?

• It stretches east to west across land in the areas labeled by the numerals I and III.

• It stretches north to south across land in the areas labeled by the numerals II and III.

• It stretches east to west across land in the areas labeled by the numerals II and IV.

• It stretches north to south across land in the areas labeled by the numerals IV and V.

The Great Barrier Reef is located off the coast of which state of Australia?

• I

• I

• III

• IV

Which city should a tourist interested in exploring the Great Barrier Reef visit?

• Cairns

• Darwin

• Perth

• Sydney

The government of Australia is

• a unitary presidential democracy.

• a federal presidential democracy.

• a unitary parliamentary democracy.

• a federal parliamentary democracy.

In which of the following ways does voting in Australia differ from voting in the United States?

• In Australia, citizens are required by law to vote.

• In the United States, citizens must be 18 years of age to vote.

• In Australia, citizens are only permitted to vote for the head of government.

• In the United States, citizens must first pass a literacy test before they can vote.

How does the position of monarch differ from other positions in the central government of Australia?

• The monarch is not mentioned in the Australian Constitution.

• The monarch is appointed by the prime minister of Australia.

• A direct popular vote determines the next monarch when there is a vacancy.

• Rules of hereditary succession determine the next monarch when there is a vacancy.

In order to reduce trade barriers, Australia has entered into free-trade agreements with many of its largest trading partners. Which THREE countries has Australia signed a free-trade agreement?

• China

• France

• New Zealand

• Saudi Arabia

• the United States

Credit card purchases usually must be paid in full within what period of time in order for the purchaser to avoid paying interest on any portion of the purchase cost?

• 7 days

• 30 days

• 120 days

• 365 days