Transcript Government And the Economy Good Investing $ and Employment

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