2 pt

2 pt

3 pt

4 pt

5pt

1 pt

2 pt

3 pt

4 pt

5 pt

1 pt

2pt

3 pt

4pt

5 pt

1pt

2pt

3 pt

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1pt

Economic Indicators

Business Cycle

Unemployment Government Miscellaneous

The total value of goods and services

produced in a country in a given

year is

Gross Domestic Product (GDP)

An increase in the general cost of

goods and service

Inflation Rate

What is the term for figures used to

measure an economic

performace?

Economic Indicators

Full employment refers to a time

period when _____% is employed

94 – 100% people are employed

The total planned expenditures

(demand) in the entire economy is

called…

Aggregate Demand

Level of economic activity is at its

highest

Peak

People will cut back on spending during the _____

phase of the business cycle

Recession/ Contraction

The harsh economic conditions

experienced in the US during the 1930s were an example of a

_____

Depression

A rise in business activity after a recession or

depression is called ________

Recovery / expansion

Draw & label the business cycle on the white board

True or False?

Unemployment is caused by

downsizing

True

Unemployment caused by changes

in the economic system (new

equipment, etc.)

Structural unemployment

Unemployment caused by changes

in the weather

Seasonal Unemployment

Unemployment caused by searching

for a new job

Frictional Unemployment

Unemployment caused by

fluctuations in the business cycle

Cyclical Unemployment

The total amount of money a

government owes is what?

National debt

The government gets money or income from…

Taxes

A measure of how well the people in

an economic system live is

called…

Standard of Living

Country A is currently in the expansion phase of the business cycle & country B is in the trough, which

country has the better economic indicator

results.

Country A

Country A’s unemployment rate is 9.3% and Country B’s is 4.5%, which country has the better economic

indicator.

Country B

True or FalseEvery business cycle includes a

depression

False

What does a business

downsizing mean for the economic

indicators?

Unemployment

A rise in unemployment & a reduction in GDP is a characteristic of what phase of the business

cycle

Recession (or contraction)

A measure of the average prices of

goods and services used by the average

household

Consumer Price Index (CPI)

When an economy becomes too productive and inflation spirals out

of control, _____ results.

Hyper Inflation

JEOPARDY GAME

Great! I have the blank jeopardy file. Now, how do I create my own jeopardy game using this blank format.The hard part has been done for you--you have the easy part! Before we begin, you will need to download the

Blank Jeopardy game from the web site. Open it by clicking on it. Go to File, Save As, Save it to your Desktop or a folder.

1. Click on your Blank Jeopardy to open it in Powerpoint.2. Decide on your categories at the top. You need 5 categories.3. If you want to change the color of the font, highlight the category, click on the font color button's down

arrow and choose the color of your choice. 4. Double click in the first blank category and begin typing your first category. Continue to do this for all five

categories. Click on File, Save As to save your work. You will want to give it a name, e.g. Science ch. 5 review.

This will leave your "blank jeopardy file", blank for you to create other games.5. Go to the lower left hand corner and choose the Slide Sorter View. 6. Choose the second slide and double click on it.7. If you do not have the DRAW toolbar at the bottom of your screen, go to VIEW, Toolbars, and click on Drawing.

You should now see the Draw toolbar. 8. Click on the Text button. Click again to position the text box on your slide toward the top and in the middle.9. Begin typing your first answer.10. Double Click on slide 3, repeat step 11 and type your question. Remember the format of Jeopardy. The

answer is in the form of a question.11. Periodically, save your work by clicking on the little diskette in your menu bar. 12. Each slide is in order, going down the category e.g.: First category on the far left for 1 point is slide number

2 and 3. First category for 2 points is slide number 4 and 5 etc.13. If you want to include two "daily doubles", just change the color of the question and answer to yellow. We

included two daily doubles because we play with two teams and would like each team to have the opportunity to score a daily double. But as you know, it doesn't always work out that way!

Enjoy creating and playing Jeopardy!