Template by Bill Arcuri, WCSD Click Once to Begin JEOPARDY! Measuring Our Economic Health

Template by Bill Arcuri, WCSD JEOPARDY! Terms Economic Goals Economic Cycles What To Do !!! International Trade Business Taxes

Template by Bill Arcuri, WCSD Daily Double Graphic and Sound Effect! DO NOT DELETE THIS SLIDE! Deleting it may cause the game links to work improperly. This slide is hidden during the game, and WILL not appear. In slide view mode, copy the above (red) graphic (click once to select; right click the border and choose “copy”). Locate the answer slide which you want to be the daily double Right-click and choose “paste”. If necessary, reposition the graphic so that it does not cover the answer text. Daily Double!!!

Template by Bill Arcuri, WCSD “The total value of a nation’s products & services for a year.” What is Gross National Product (GNP)?

Template by Bill Arcuri, WCSD “The measure of how well we are living in our country.” What is Standard of Living?

Template by Bill Arcuri, WCSD What is the Consumer Price Index? “The measure of whether or not prices are going up, going down, or staying the same.”

Template by Bill Arcuri, WCSD “How we keep track of the number of people out of work.” What are the Unemployment Figures?

Template by Bill Arcuri, WCSD “The way we know if the value of our country’s companies are going up or down.” What is the Stock Market?

Template by Bill Arcuri, WCSD “GNP or GNDP” What is go up ?

Template by Bill Arcuri, WCSD “Prices” What is remain stable or rise only slightly (1% – 5%) ?

Template by Bill Arcuri, WCSD “Unemployment” What is remain low (Approximately 4%) ?

Template by Bill Arcuri, WCSD “Standard of Living” What is Rise ?

Template by Bill Arcuri, WCSD “At this amount, the increase in prices is considered “painful.” What is 10% ?

Template by Bill Arcuri, WCSD “When things are good.” What is Prosperity ?

Template by Bill Arcuri, WCSD “When things are bad, very bad.” What is Depression ?

Template by Bill Arcuri, WCSD “A period during which the economy is slipping, starting to go downhill.” What is a Recession ?

Template by Bill Arcuri, WCSD “A period during which the economy is improving or when things begin to get better.” What is a Recovery ?

Template by Bill Arcuri, WCSD During this stage, 1.Unemployment is decreasing 2. Production is increasing 3. Spending is increasing What is a Recovery ?

Template by Bill Arcuri, WCSD “During this stage in the economic cycle, a business should be fully staffed.” What is Prosperity ?

Template by Bill Arcuri, WCSD “ During this stage in the economic cycle, a business may have stopped spending completely.” What is a Depression ?

Template by Bill Arcuri, WCSD What is a Recession ? “During this stage in the economic cycle, the government will begin to lower interest rates.”

Template by Bill Arcuri, WCSD “ During this stage in the economic cycle, consumers have to spend their savings.” What is a Depression ? Daily Double!!!

Template by Bill Arcuri, WCSD “ During this stage in the economic cycle, government tax collections are at their highest levels.” What is Prosperity ?

Template by Bill Arcuri, WCSD “Goods brought into the country and those sent away.” What are imports & exports ?

Template by Bill Arcuri, WCSD “A tax placed on goods coming into a country.” What are tariffs ?

Template by Bill Arcuri, WCSD “A limit put on the number of goods a country will allow another country to send to them.” What is a quota ?

Template by Bill Arcuri, WCSD “The difference between a country’s imports and exports.” What is the Balance of Trade ?

Template by Bill Arcuri, WCSD “If a country’s imports exceed their exports, more money is leaving the country than coming in. The money supply is reduced. What may happen to interest rates in that country” What is go up ?

Template by Bill Arcuri, WCSD “A tax on the salaries of a company’s employees.” What are payroll taxes ?

Template by Bill Arcuri, WCSD “A tax that will provide for employees in their golden years.” What is Social Security ?

Template by Bill Arcuri, WCSD “A tax that provides government with an income to pay people who are unemployed for a limited period of time.” What Unemployment taxes ?

Template by Bill Arcuri, WCSD “A tax on the amount of money made by a business.” What is an Income Tax ?

Template by Bill Arcuri, WCSD “Money paid to the government based on the a percentage value of the goods and services a company sells.” What is a Sales Tax ?