Final Jeopardy Government And the Economy Good Investing $ and Employment Trade Economics Around the World Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Final Jeopardy

$100 Question from Government and the Economy What government organization insures that our banks will not fail and that our money will be insured?

$100 Answer from Government and the Economy The FDIC (Federal Deposit Insurance Corporation)!

$200 Question from Government and the Economy What government funded program helps the poor with health insurance?

$200 Answer from Government and the Economy Medicaid! (Medicare helps the elderly)

$300 Question from Government and the Economy What is it called when the government funds a specific project that will only help a small section of people?

$300 Answer from Government and the Economy A pork project!

$400 Question from Government and the Economy What do state governments have (that the federal government does not) that limits their funding?

$400 Answer from Government and the Economy A balanced budget amendment!

$500 Question from Government and the Economy What is the total amount that the government has borrowed from investors for government spending?

$500 Answer from Government and the Economy National Debt

$100 Question from Good Investing The actual amount of $ that consumers are able to spend is called what?

$100 Answer from Good Investing Disposable Personal Income

$200 Question from Good Investing What regulation allows you to get information about sellers so that we can make good investments?

$200 Answer from Good Investing Regulation Z!

$300 Question from Good Investing What is a contract to repay borrowed $ at regular intervals called?

$300 Answer from Good Investing A bond!

$400 Question from Good Investing In what types of markets are prices low which can be good for investing?

$400 Answer from Good Investing Bear Markets (when prices are high they are called bull markets)!

$500 Question from Good Investing Besides staying with what you know and figuring out your level of risk, what should you also be to be a good investor?

$500 Answer from Good Investing Be Consistent!

$100 Question from $ and Employment What type of unemployment happens when the lifeguards close up the pools on Labor Day?

$100 Answer from $ and Employment Seasonal

$200 Question from $ and Employment Price indexes are used to calculate what that has a impact on the value of $?

$200 Answer from $ and Employment Inflation

$300 Question from $ and Employment What is currency that must be accepted in times of debt?

$300 Answer from $ and Employment Legal Tender!

$400 Question from $ and Employment What organization has the power to decrease/ lower the money supply by adjusting its reserve requirements?

$400 Answer from $ and Employment The Fed!

$500 Question from $ and Employment What is the period of decline after an economic peak called?

$500 Answer from $ and Employment A Recession

$100 Question from Trade Thanks to trade, the international poverty rate has increased – true or false?

$100 Answer from Trade False!

$200 Question from Trade What is it called when a country can produce more of a product than any other country?

$200 Answer from Trade Absolute Advantage

$300 Question from Trade What is the difference between what a country pays out to and then receives from other countries?

$300 Answer from Trade Balance of Payment

$400 Question from Trade What is a division of labor also known as?

$400 Answer from Trade Specialization

$500 Question from Trade Flexible exchange rates are established by what?

$500 Answer from Trade Supply and Demand

$100 Question from Economics Around the World What is the trade agreement that was organized to improve trade relations between the US, Canada, and Mexico?

$100 Answer from Economics Around the World NAFTA!

$200 Question from Economics Around the World What is a business that has many offices in many countries called?

$200 Answer from Economics Around the World Multinationals

$300 Question from Economics Around the World Many countries to help their economies have resorted to privatization – what is privatization?

$300 Answer from Economics Around the World The conversion of state (government) factories to private ownership

$400 Question from Economics Around the World What organization offers advice to all countries on monetary and fiscal policies?

$400 Answer from Economics Around the World IMF (International Monetary Fund)!

$500 Question from Economics Around the World What is a Japanese group of firms that regulate competition?

$500 Answer from Economics Around the World Kiersetu

Final Jeopardy Question The most important measure of a country’s overall economic development is measured by what?

Final Jeopardy Answer Its GDP! (Gross Domestic Product)