Microeconomic Policies and Individual Industries (HSC SSCE Economics): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the main purpose of deregulation?
What is the main purpose of deregulation?
To improve industry efficiency
Which reform was part of Australia's 1980s financial sector deregulation?
Which reform was part of Australia's 1980s financial sector deregulation?
Floating the Australian dollar
What did agricultural deregulation transform Australia's sector into globally?
What did agricultural deregulation transform Australia's sector into globally?
One of least regulated sectors
When was Australia's domestic aviation industry deregulated?
When was Australia's domestic aviation industry deregulated?
1990
What does corporatisation of PTEs involve?
What does corporatisation of PTEs involve?
Operating independently from govt
How much was Medibank Private sold for when privatised in 2014?
How much was Medibank Private sold for when privatised in 2014?
5.6 billion USD
When did Australia implement the National Competition Policy?
When did Australia implement the National Competition Policy?
1995
How much in penalties did ACCC investigations lead to in 2022?
How much in penalties did ACCC investigations lead to in 2022?
230 million USD
Which practice is outlawed by competition law?
Which practice is outlawed by competition law?
Price discrimination
By how much was Australia's GDP higher in 2005-06 due to 1990s NCP reforms?
By how much was Australia's GDP higher in 2005-06 due to 1990s NCP reforms?
2.5%