5 Questions
What is the primary function of a finance sector in the economy?
To facilitate the flow of money between different sectors
How does a business typically use supply and demand to price its goods and services?
By adjusting prices in response to changes in supply and demand
What is a benefit of multinational corporations operating in Australia?
They create jobs and stimulate economic growth
What is a cost of multinational corporations operating in Australia?
They may repatriate profits to their parent company, reducing the amount of money available for investment in the local economy
What is the primary role of the government sector in the economy?
To regulate the activities of businesses and provide public goods and services
Understand how the economy operates through the interactions of household, business, finance, and government sectors. Learn how businesses use supply and demand to price their goods and services. Explore the costs and benefits of transnational corporations in Australia.
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