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1. most democratic nations have economies.
a. mixed
b. traditional
c. command
d. market

2. which is an example of investing in capital goods by a company?
a. providing health care for workers
b. providing classes for workers to learn new skills
c. keeping an old machine to see if it will last longer
d. buying new computers to build products more quickly

3. when a government decides to increase a tariff, it increases the amount of a tax placed upon
a. people’s income
b. imported goods
c. renewable resources
d. people’s property

4. who sets the price for goods in australia?
a. buyers and sellers agree upon price
b. the governor-general sets prices for most goods
c. parliament sets a price for all goods in the country
d. prices for goods are set based on customs and beliefs of the aborigines

5. what do the economic systems of the australia, brazil, mexico, & canada have in common?
a. all are examples of pure market economies
b. all are examples of mixed economies
c. all are examples of traditional economies
d. all are examples of command economies

6. which has the most power in australian government?
a. the constitution
b. the people of australia
c. the queen
d. the high court of australia

7. which describes the government of the country of australia?

a. federal government
b. unitary government
c. autocratic government