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Profit, loss, and record keeping
Linked activity:
Profit, loss, and record-keeping
VisualiserNSW CommerceStage 5Government intervention in the economy
Linked activity:
Government intervention in the economy
VisualiserNSW CommerceStage 5Investigating super
Table 1: The annual salaries of 25 people in one street in a new suburb of Canberra
$71,562
$49,587
$53,654
$102,658
$42,985
$31,595
$24,450
$26,860
$55,614
$56,555
$50,500
$37,951
$44,214
$64,195
$81,687
$41,665
$59,654
$18,671…
Data sheetMathematicsYear 7Government decision cards
Print one copy for every 6 students, cut into individual cards and distribute one set to each group.
Healthcare policy
No
Decision
Satisfaction
Cost
1.
Free healthcare for all.
+10
-7
2.
Subsidise healthcare for all.
+8
-5
3.
Subsidise healthcare based on need.
+5
-2
4.
Don’t subsidise healthcare – user pays.
1
0…
InformationNSW CommerceStage 5Government decisions game
Government service
Decision number
Cost or benefit to welfare
Running total (starting score: 15)
Cost or benefit (revenue or expenditure)
Running total (starting score: 25…
WorksheetNSW CommerceStage 5Income tax and the redistribution of income
Linked activity:
Fairness of the taxation system
VisualiserNSW CommerceStage 5