Eco topic 1 revision

• Economie
• Middelbare school
• havo
• Leerjaar 2

Revision

Topic 1: Economics and Money

Zoe has € 120 and gets 5% interest from a bank. How much interest does she get?

1. 60 Euro
2. 6 Euro
3. 180 Euro
4. 5

What are the three tasks of the Dutch National Bank?

A laptop is an example of a ....

1. Primary need
2. Secondary need

Hendrik says "You can buy all of your needs and wants". Explain if he is correct

Finn buys a Leeds United shirt for
€ 65. What function of money is this?

Write down one security feature of a 10 Euro bank note

What method of payment is this:
It is a pre-filled form with your details already completed

1. Giro form
2. Paying with authorisation
3. Paying via the internet
4. Paying with a debit card

What is a primary need?

1. Somthing you can live without
2. Money from a bank
3. Something you need to live/survive
4. A type of expence

Buying a house is what type of expenditure (spending)?

1. Fixed
2. Incidental
3. Every day expense
4. A benefit

What is a benefit? And give an example

H2b raise € 450 for the charity with their projects. One groups gets € 42. What percentage is this?

1. 42
2. 93
3. 9.3
4. 24

What type of money is a bank card/pinpas?

1. Cash
2. Bank Money
3. Electronic
4. Currency

Vince borrows € 1503 from den Hertog Bank, who charges him 2.3% interest.
How much will he have to pay back altogether?

The GDP of the Netherlands was € 1018 billion in 2021 with a population of 17.5 million people. What is the Netherlands income per capita?