Test Your Knowledge On Consumer Behaviour And Financial Statistics.

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| By Innergi
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Quizzes Created: 1 | Total Attempts: 309
Questions: 10 | Attempts: 309

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Test Your Knowledge On Consumer Behaviour And Financial Statistics. - Quiz



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Questions and Answers
  • 1. 

    Australians type superannuation into Google approximaltey 350,000 times each ___________ ?

    • A.

      Week

    • B.

      Month

    • C.

      Quarter

    • D.

      Year

    Correct Answer
    B. Month
    Explanation
    The correct answer is month because Australians search for the term "superannuation" on Google approximately 350,000 times every month. This suggests that they are actively seeking information or assistance related to superannuation on a monthly basis.

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  • 2. 

    How many people responded as financially organised in Bankwest's 2010 survey?

    • A.

      73%

    • B.

      58%

    • C.

      45%

    • D.

      32%

    Correct Answer
    D. 32%
    Explanation
    In Bankwest's 2010 survey, 32% of the respondents identified themselves as financially organized. This means that nearly one-third of the people who participated in the survey claimed to have a systematic approach to managing their finances.

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  • 3. 

    Australian's superannuation and investment balances are threatened by....

    • A.

      High personal debt

    • B.

      Impulsive purchasing decisions

    • C.

      Foreign investment markets

    • D.

      Lifestyle habits

    • E.

      All of the above

    Correct Answer
    E. All of the above
    Explanation
    The correct answer is "All of the above." Australian's superannuation and investment balances are threatened by high personal debt, as it can limit their ability to save and invest. Impulsive purchasing decisions can also hinder their ability to save and invest, as it may lead to unnecessary expenses and debt. Foreign investment markets can pose a threat to their balances, as fluctuations in these markets can impact the value of their investments. Lifestyle habits, such as overspending or not prioritizing savings, can also jeopardize their superannuation and investment balances.

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  • 4. 

    According to Wesley Mission's 2010 research into financial stress, how many people are anxious about their financial future?

    • A.

      25%

    • B.

      33%

    • C.

      50%

    • D.

      80%

    Correct Answer
    C. 50%
    Explanation
    According to Wesley Mission's 2010 research, 50% of people are anxious about their financial future.

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  • 5. 

    Three quarters of people believe the internet is important or very important source of information.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    The given statement states that three quarters of people believe the internet is an important or very important source of information. This means that a significant majority of people recognize the value and significance of the internet as a source of information. Therefore, the answer "True" is correct as it aligns with the information provided in the statement.

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  • 6. 

    How much money did American Airlines save in 1987 by eliminating one olive from each first class meal?

    • A.

      $5,000

    • B.

      $15,000

    • C.

      $31,000

    • D.

      $40,000

    Correct Answer
    D. $40,000
    Explanation
    American Airlines saved $40,000 in 1987 by eliminating one olive from each first class meal. This means that for every first class meal served, the cost of one olive was saved. By multiplying the cost of one olive by the total number of first class meals served in 1987, we arrive at a total savings of $40,000.

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  • 7. 

    How many people use the internet to research products?

    • A.

      23%

    • B.

      56%

    • C.

      88%

    • D.

      96%

    Correct Answer
    C. 88%
    Explanation
    88% of people use the internet to research products. This suggests that a large majority of the population relies on the internet as a valuable tool for gathering information about products before making purchasing decisions. The high percentage indicates that the internet has become an essential platform for consumers to educate themselves about various products and compare different options. This statistic highlights the importance of having an online presence and providing accurate and relevant information about products to cater to the needs and preferences of the majority of consumers.

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  • 8. 

    According to the Eye on Australia Report (2010), how many people lie awake at night worried about their finances?

    • A.

      18%

    • B.

      31%

    • C.

      45%

    • D.

      72%

    Correct Answer
    C. 45%
    Explanation
    According to the Eye on Australia Report (2010), it was found that 45% of people lie awake at night worried about their finances. This indicates that a significant portion of the population in Australia experiences financial concerns that affect their sleep patterns.

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  • 9. 

    What percentage of young Australians want to learn more about money?

    • A.

      20-50%

    • B.

      50-70%

    • C.

      70-90%

    Correct Answer
    C. 70-90%
    Explanation
    The given answer, 70-90%, suggests that a high percentage of young Australians are interested in learning more about money. This implies that a significant portion of the younger population in Australia recognizes the importance of financial literacy and is motivated to enhance their understanding of money management.

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  • 10. 

    More money is printed daily for Monoploy than US Treasury.

    • A.

      True

    • B.

      False

    Correct Answer
    A. True
    Explanation
    This statement is true because Monopoly is a board game that requires players to use play money, and therefore, more money is printed daily for Monopoly to ensure that players have enough currency to play the game. On the other hand, the US Treasury prints real money, but the amount printed is not as frequent or in the same quantities as Monopoly money.

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Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 09, 2011
    Quiz Created by
    Innergi
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