millionaire template 2nd yrs economics (1)

3 lifelines:

•50/50 – your teacher will tell you

which two are available

•Phone a friend – choose one person in the audience to

ask

•Audience – hand up for A/B/C/D

Which of the following is the reward for Enterprise

A. Wages B. Rent

C. Interest D. Profits

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You have €10. You can buy a cinema ticket or a football ticket. You choose the cinema ticket. What is

the Opportunity Cost

A. The €10 B. The Cinema Ticket

C. The football Match D. The Financial cost

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Who beat Manchester United 6-1 last Saturday

A. Man City B. Chelsea

C. Liverpool D. Spurs

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What is Inflation?

A. The total amount of goods produced in a country B. The cost of importing goods

D. The increase in price of G&SC. The difference between Gov

Revenue and Expenditure

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What is an example Capital Expenditure

A. Building a new Motorway B. Social Welfare Payments

C. A Loan from the European Central Bank D. Debt Servicing

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Who did Ireland lose against to get knocked out of the Quarter final of the Rugby World cup

A. Wales B. New Zealand

C. France D. South Africa

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Corporation Tax is tax on which of the following

A. Surpluses B. Profits

C. Goods and Services D. Alcohol, Cigarettes & Petrol

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Which of the following is an example of a Invisible Export?

A. The Script playing in London B. The Script playing in Dublin

C. Oranges D. Beef

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How many years can a president remain in office?

A. Until they die B. 7 years

C. 3 years D. 14 Years

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What word describes replacing imported goods with Irish produced goods?

A. Balance of Trade B. Invisible Imports

C. Balance of Payments D. Import Substitution

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A. 10% for both B. 20% & 41%

C. 50% and 75% D. 13.5 % & 25%

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What are the two PAYE tax rates on wages?

Who won the 2011 GAA football player of the Year

A. Colm Cooper B. Bernard Brogan

C. Alan Brogan D. Brian Sheehan

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What year was the Euro introduced into Ireland?

A. 2002 B. 2000

C. 2001 D. 1999

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What is a paypath?

A. Transferring money between accounts

B. When an employer transfers an employees wages from their bank a/c to the employees bank a/c

C. A form of income tax D. Paying for electricity bills

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Which Premier league footballer’s father and uncle were arreseted in October on suspicion of taking part

in an alleged betting scam

A. Ranaldo B. Suarez

C. Rooney D. Gerrard

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