Transcript Ch. 6 Jeopardy

Usage Guidelines for Jeopardy PowerPoint Game
Game Setup
•
Right now, Click File > Save As, and save this template with a different file name. This
will keep the template untouched, so you can use it next time!
•
Scroll through the presentation and enter the answers (which are really the questions)
and the questions (which are really the answers).
•
Enter in the five category names on the main game board (Slide 4).
Game Play
•
Open 2nd Slide, let the sound play. Click to 3rd Slide, let the sound play. Click to 4th Slide
and show students the Game Board
•
As you play the game, click on the YELLOW DOLLAR AMOUNT that the contestant
calls, not the surrounding box.
•
When the student answers, click anywhere on the screen to see the correct answer.
Keep track of which questions have already been picked by printing out the game board
screen (Slide 4) and checking off as you go.
•
Click on the “House / Home Icon” box to return to the main scoreboard.
•
Final Jeopardy – Go to Slide 3 and click “Final Jeopardy” button in the bottom right
corner, click again for the Question, click again for final jeopardy sound, When that is
finished playing click again for the answer slide.
Left
Right or
Shifts in
Supply
Shifts in
Demand
Graphs
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Final
Vocab
Stay the Same
Left
Right or
Change in
Supply
Change in
Demand
Graphing
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Vocab
Stay the Same
Robots Make
Automobile
Assembly Faster
(Company Cars)
Technology
Increase
P- Down
Q- Up
US car company to
close 6 factories
(companies mini
vans)
# of Sellers
Decrease
P-Up
Q- Down
A drought destroys
much of the wheat crop.
(Wheat)
Expectations
Decrease
P- Up
Q- Down
The average wage of grape
harvesters rises by 10%
(grapes)
Productivity
Increase
P- Down
Q- Up
Record Peach Harvest- Prices
lowest in decades
(frozen peach pie)
Resources
Increase
P- Down
Q- Up
Brad Pitt confides to People
Magazine that he, “gets a big
kick out of his hula hoop.”
(hula hoops)
Consumer Taste
Increase
P- Up
Q- Up
The price of margarine goes up
(butter)
Substitutes
Increase
P- Up
Q- Up
DAILY DOUBLE
DAILY DOUBLE
Average wages decline around
the country
(movie tickets)
Consumer Income
Decrease
P- Down
Q- Down
Hospitals Report Dramatic
Decrease in Births
(baby strollers)
# of Consumers
Decrease
P- Down
Q- Down
Scientists discover a cure for
cancer
(hospital beds)
# of Consumers
Decrease
P- Down
Q- Down
d
a
b
e
c
Label and define point (a)
Price Ceiling- Highest LEGAL
price that can be charged
d
a
b
e
c
Label and define point (e)
Shortage- Quantity Demanded is
greater than Quantity Supplied
a
How you would get to point (a) on
the graph
Increase Demand
a
How you would get to point (a) on
the graph
Decrease Supply
$4
3
8
At $4, does this graph represent
a shortage or a surplus and by
what amount?
Shortage of 5
Partial refund of the original
price of the product
Rebate
The minimum wage, the lowest
legal price that can be paid to
most workers is an example of
this
Price Floor
System under which the
government or another agency
decides everyones fair share of a
product
rationing
Check sent to producers that
makes up the difference between
the actual market price and the
target price
Deficiency payment
Simplified version of a complex
behavior expressed as a equation
or illustration
Economic Model
A fall in the consumer’s income
Left
An increase in the price for Good
X
Stay the Same
An increase in the price of a
substitute good
Right
A decrease in the number of
people selling Good X
Stay the Same
A decrease in the price of a
complement good
Right
What is a positive and a negative
to having Rental Control in New
York City?
Surplus- Home values would
decrease