Transcript Jeopardy

Directions to create Jeopardy Game
Open template
Save As (whatever title you choose)
File open
Type in categories by clicking on the text box
Use the scroll bar to scroll to the Question & Answer slides
Create a question to fit in each valued box for each category
Directions to play Jeopardy
Slide show--view show
Click mouse until Jeopardy music plays
Slowly click categories onto the screen
Wait until the music stops playing
Cave students select questions in a specific category and for a specific dollar amount
Click on the selected question
Click mouse again to view the answer
Click on the icon head in the bottom left hand corner to return to the main menu board
Economics
GDP, Growth, and Economic Challenges
Gross
Domestic
Product
Business
Cycle
Unemployment
Vocabulary
Vocabulary
Q $100
Q $100
Q $100
Q $100
Q $100
Q $200
Q $200
Q $200
Q $200
Q $200
Q $300
Q $300
Q $300
Q $300
Q $300
Q $400
Q $400
Q $400
Q $400
Q $400
Q $500
Q $500
Q $500
Q $500
Q $500
Final Jeopardy
$100 Question from C1
Gross Domestic Product
calculated using
constant unchanging
prices
$100 Answer from C1
Real GDP
$200 Question from C1
Which of the following is an example of
a final good or service?
a. Cheese a restaurant purchases to make
pizza
b. Eggs a bakery purchases to make
cookies.
c. Concrete purchased to build a house
d. A computer purchased at Costco
$200 Answer from C1
D. A computer
purchased at
Costco
$300 Question from C1
What is considered to be the best
measure of a nation’s standard of
living?
$300 Answer from C1
Per Capita GDP
$400 Question from C1
Which of the following products would be included in
the calculation of GDP
a. Computers manufactured in India by a U.S. firm
b. Blankets manufactured in China and sold to U.S.
companies
c. Cameras manufactured in California by a Japanese
company
d. Cotton grown in Arizona and sold to a company in
California to make clothing
$400 Answer from C1
c. Cameras made
In California
$500 Question from C1
The dollar value of all final goods
and services produced within a
country’s borders in a given year
$500 Answer from C1
Gross Domestic Product
$100 Question from C2
Name the four phases of the
business cycle
$100 Answer from C2
Expansion, Peak, Contraction,
Trough
$200 Question from C2
The lowest point in an
economic contraction, when
Real GDP stops falling
$200 Answer from C2
Trough
$300 Question from C2
The process of
increasing the
amount of capital
per worker
$300 Answer from C2
Capital Deepening
$400 Question from C2
A prolonged economic
contraction lasting at least 2
consecutive quarters (6 months)
$400 Answer from C2
Recession
$500 Question from C2
A period of macroeconomic expansion
followed by a period of contraction
$500 Answer from C2
Business Cycle
$100 Question from C3
What is the normal unemployment rate
when the economy is working properly (full
employment)?
$100 Answer from C3
4% to 6%
$200 Question from C3
Unemployment that occurs when people
take time to find a job. Such as a college
graduate who is looking for the right job.
$200 Answer from C3
Frictional Unemployment
$300 Question from C3
Unemployment caused by a downturn
in the economy
$300 Answer from C3
Cyclical Unemployment
$400 Question from C3
Unemployment that occurs when
workers’ skills do not match the jobs
that are available.
Example: a worker who has been laid
off because their company has
relocated to another country.
$400 Answer from C3
Structural Unemployment
$500 Question from C3
The level of employment
that is reached when there is
no cyclical unemployment
$500 Answer from C3
Full Employment
$100 Question from C4
The income level set by the federal
government which is deemed
insufficient to support a family
$100 Answer from C4
Poverty Threshold
$200 Question from C4
The total dollar value of all goods and
services available in the economy at all
Possible price levels.
$200 Answer from C4
Aggregate Supply
$300 Question from C4
The highest point in an
economic expansion where
Real GDP stops rising
.
$300 Answer from C4
Peak
$400 Question from C4
Economic variables that economists
use to predict a new phase of the
business cycle
$400 Answer from C4
Leading Indicators
$500 Question from C4
The total amount of
goods and services in
an economy that will
be purchased at all
price levels
$500 Answer from C4
Aggregate Demand
$100 Question from C5
The percentage of change in
price level over time
$100 Answer from C5
Inflation Rate
$200 Question from C5
Consumer goods that last
for a relatively long
period of time
$200 Answer from C5
Durable Goods
$300 Question from C5
Working at a job for which a
person is overqualified or
working part-time when you
want to work full-time
$300 Answer from C5
Underemployed
$400 Question from C5
A person who wants a
job but has given up
looking
$400 Answer from C5
Discouraged worker
$500 Question from C5
A measurement of how
the average price of a
standard group of
goods changes over
time.
$500 Answer from C5
Consumer Price Index
Final Jeopardy
Calculate GDP:
Consumer Spending = 5 million
Business Investment = 10 million
Government Spending = 15 Million
Exports = 3 million
Imports = 5 million
Final Jeopardy Answer
28 million