Economics April 11, 2005 1. Warm up—How much income per year would you say a family of four needs to not be considered poor? 2. Notes on Households continued.

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Presentation transcript:

Economics April 11, Warm up—How much income per year would you say a family of four needs to not be considered poor? 2. Notes on Households continued 3. Income activity

Economics April 12, Warm up—What percentage of households are considered working class? 2. Income Activity continued (expenses) 3. Minimum wage

Economics April 14, Warm up—Should the minimum wage be higher? 2. Minimum wage exercise 3. Karl Marx 4. Modern Times 5. Income 6. Notes

Economics April 15, Warm up—what the biggest challenge of your individual income? 2. Child Labor reviewed 3. Notes on Households and government.

Economics April 18, Warm up— 2. Mayoral Debate 3. Explain the economics of 5 issues in the current Mayoral election.

Economics April 19, Warm up—In your opinion, which candidate for mayor was least impressive? 2. Who makes up the economy? Reviewed 3. Government as a sector

Economics April 21, Warm up—What role does government play in the economy? 2. Government as a sector 3. Who makes up the economy reviewed/worksheet 4. Activity

Economics April 22, Warm up—What is economic growth? 2. GDP notes.

Economics April 25, Warm up—In calculating GDP, what does C include? 2. More GDP notes 3. Worksheet

Economics April 26, Warm up—What is GDP per capita? 2. Chapter 12 assessment. (p )

Economics April 29, Warm up—What is nominal GDP? 2. Exam 3. GDP continued

Economics May 2, Warm up—Why are purchases of stock not included in Investment for GDP? 2. Savings and Investment 3. Government spending

May 5, 2005 Economics 1. Warm up—When is deficit spending by the government a good thing? 2. Trade and trade balance

Economics May 6, Warm up—Explain the difference between X+M and X-M. 2. Trade continued

Economics May 19, Warm up—What is the Fed? 2. Money and the Fed continued

Economics May 20, Warm up—What is an interest rate? 2. The Fed reviewed 3. The Fed Today 4. You’re the Fed