Presentation is loading. Please wait.

Presentation is loading. Please wait.

15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.

Published byJanice Sarah Randall Modified over 8 years ago

Similar presentations

Presentation on theme: "15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome."— Presentation transcript:

1 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome to Who Wants to be a Millionaire 50:50

2 © Mark E. Damon - All Rights Reserved Another Presentation © 2000 - All rights Reserved markedamon@hotmail.com

3 © Mark E. Damon - All Rights Reserved

4 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

5 © Mark E. Damon - All Rights Reserved A: Recovery, Peak, Recession, C : Recovery, Peak, Recession, Trough B: Peak, Valley, Rise, Depression D: Valley, Rise, Trough 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What are the phases of the business cycle? C : Recovery, Peak, Recession, Trough

6 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

7 © Mark E. Damon - All Rights Reserved A: Decreases C: Nothing B: Increases D: Collapses 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What happens to employment during a recession? A: Decreases

8 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

9 © Mark E. Damon - All Rights Reserved Low spending Low spending, lay offs, and natural disasters A: low prices, lay offs C : Natural disasters and high employment B: D: 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What could cause a recession? Low spending, lay offs, and natural disasters

10 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

11 © Mark E. Damon - All Rights Reserved A: Unemployment C: Government Spending B: Inflation D: Consumer Spending 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Which one of these doesn’t increase during a recovery cycle? A: Unemployment

12 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

13 © Mark E. Damon - All Rights Reserved Rapidly Changing A: Decreased C: Increased B: No change D: 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What would production be like during a peak? C: Increased

14 © Mark E. Damon - All Rights Reserved Congratulations! You’ve Reached the $1,000 Milestone! Congratulations! C o n g r a t u l a t i o n s !

15 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

16 © Mark E. Damon - All Rights Reserved A: Monetary Policy C: Nominal GDP B: Aggregate Demand D: Aggregate Supply 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Consumer spending + investment spending + government spending + net export + spending equals? B: Aggregate Demand

17 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

18 © Mark E. Damon - All Rights Reserved A: Large Savings Accounts C: New policiesD: Nothing 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 New employment generates income, which can generate? B: New Spending

19 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

20 © Mark E. Damon - All Rights Reserved A: Slump C: Recovery B: Depression D: Peak 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 If interest rates are at the highest, which part of the business cycle would we be in? D: Peak

21 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

22 © Mark E. Damon - All Rights Reserved A: Unemployment C: Rising Prices B: No money D: Recession 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Decreased spending is directly related to ? C: Rising Prices

23 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

24 © Mark E. Damon - All Rights Reserved A: Higher income levels C: More Government Spending B: Nothing D: Lower income Levels 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Layoffs, and declining employment leads to ? D: Lower income Levels

25 © Mark E. Damon - All Rights Reserved Congratulations! You’ve Reached the $32,000 Milestone! Congratulations! C o n g r a t u l a t i o n s !

26 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

27 © Mark E. Damon - All Rights Reserved A: The Business Cycle C: Fiscal Policy B: Cyclical Fluctuation D: Inflation 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 What is the cyclical fluctuation in the level of economic activity called? A: The Business Cycle

28 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

29 © Mark E. Damon - All Rights Reserved A: To measure the economy C: To know when to implement policies B: How the economy is Influenced D: Because it’s their job 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Why are economists interested in business cycles? B: How the economy is Influenced… and Answer D

30 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

31 © Mark E. Damon - All Rights Reserved A: Peak C: Trough B: Gap D: None of the above 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 If the lowest point of real GDP is reduced, and there are high levels of unemployment, what business phase is it? C: Trough

32 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

33 © Mark E. Damon - All Rights Reserved A: Investment Theory C: Stable Investment Theory B : Business Investment Theory D: Volatile Investment Theory 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 “Inventory investment instability major cause of total investment fluctuations” This belongs to which theory? D: Volatile Investment Theory

34 © Mark E. Damon - All Rights Reserved 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100

35 © Mark E. Damon - All Rights Reserved A: Innovations Theory C: The Monetary Theory B: Schumpeter Theory D: The Multiplier-Accelerator Theory 50:50 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Joseph Schumpeter, an Austrian economist at Harvard, came up with which theory? A: Innovations Theory

36 © Mark E. Damon - All Rights Reserved YOU WIN $1 MILLION DOLLARS!

Download ppt "15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome."

Similar presentations

Business Cycle Theory Changes in Business Activity ©2012, TESCCC Economics, Unit: 06 Lesson: 01.

Business Cycle Theory Changes in Business Activity ©2012, TESCCC Economics, Unit: 06 Lesson: 01.
Alomar_111_81 Economic Growth and Instability. Alomar_111_82 Economic Growth Economic growth can be define as: An increase in real GDP over some time.

Alomar_111_81 Economic Growth and Instability. Alomar_111_82 Economic Growth Economic growth can be define as: An increase in real GDP over some time.
MACRO-ECONOMICS The Business Cycle

MACRO-ECONOMICS The Business Cycle
GDP THE MARKET VALUE OF ALL FINAL GOODS AND SERVICES PRODUCED WITHIN A NATION IN A GIVEN TIME.

GDP THE MARKET VALUE OF ALL FINAL GOODS AND SERVICES PRODUCED WITHIN A NATION IN A GIVEN TIME.
The first four chapters laid the foundation for economic study. The concepts are needed in both microeconomic and macroeconomic disciplines as well as.

The first four chapters laid the foundation for economic study. The concepts are needed in both microeconomic and macroeconomic disciplines as well as.
Business Cycles Objectives: Describe the effect of fluctuations in national output and its relationship to the causes and costs of unemployment and inflation.

Business Cycles Objectives: Describe the effect of fluctuations in national output and its relationship to the causes and costs of unemployment and inflation.
Macroeconomics Review

Macroeconomics Review
15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.

$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
Business Cycle.

Business Cycle.
6.02 Understand economic indicators to recognize economic trends and conditions. 6.02-E Determine the impact of business cycles on business activities.

6.02 Understand economic indicators to recognize economic trends and conditions E Determine the impact of business cycles on business activities.
Economic Instability.

Economic Instability.
CHAPTER 12 & 13 ECONOMIC PERFORMANCE. GROSS DOMESTIC PRODUCT TOTAL DOLLAR VALUE FINAL GOODS AND SERVICES NEW ONLY.

CHAPTER 12 & 13 ECONOMIC PERFORMANCE. GROSS DOMESTIC PRODUCT TOTAL DOLLAR VALUE FINAL GOODS AND SERVICES NEW ONLY.
What is a business cycle? How do we measure employment, unemployment, and how it changes over the business cycle The Meaning of inflation/deflation Why.

What is a business cycle? How do we measure employment, unemployment, and how it changes over the business cycle The Meaning of inflation/deflation Why.
15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 $1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.

$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
Chapter 12 Economic Indicators and Measurements. GDP and Other Indicators  Gross Domestic Product (GDP): is the market value of all final goods and service.

Chapter 12 Economic Indicators and Measurements. GDP and Other Indicators  Gross Domestic Product (GDP): is the market value of all final goods and service.
5 4 3 2 1 $1,000 $500 $300 $200 $100 Welcome to Who Wants to be a Millionaire 50:50 6 $1 Million.

$1,000 $500 $300 $200 $100 Welcome to Who Wants to be a Millionaire 50:50 6 $1 Million.
Economics: Chapter 13 Measuring the Economy’s Performance.

Economics: Chapter 13 Measuring the Economy’s Performance.
Copyright © 2004 South-Western Short-Run Economic Fluctuations Economic activity fluctuates from year to year. In most years production of goods and services.

Copyright © 2004 South-Western Short-Run Economic Fluctuations Economic activity fluctuates from year to year. In most years production of goods and services.
Monetary Policy. Purpose Monetary policy attempts to establish a stable environment so the economy achieves high levels of output and employment. How.

Monetary Policy. Purpose Monetary policy attempts to establish a stable environment so the economy achieves high levels of output and employment. How.
Business Cycle Three Types of Business Cycle Business Cycle Phases Business Cycles as shifts in AD and AS Business Cycle Theories.

Business Cycle Three Types of Business Cycle Business Cycle Phases Business Cycles as shifts in AD and AS Business Cycle Theories.

Similar presentations

Ads by Google