Fantastic Fun Test Taking Friday (on chapter 12/13)
Audible Tone: Do we want unemployment to be 0%? Why? Turn in.
Fantastic Fun Test Taking Friday (on chapter 12/13)
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Audible Tone: How does unemployment influence inflation?
Discuss the winners/losers of inflation from yesterday, go over the chapter 13 worksheets in class, vocab review for chapters 12 and 13. Review for test on chapter 12/13 which is Friday. Audible Tone: Is inflation good or bad? Why?
Discuss inflation and the causes of it. Small groups on explaining who wins/loses when there is inflation. Chapter 13 worksheets for homework. Audible Tone: What can be done to lower unemployment?
Go over the types of unemployment and unemployment rates. (chap 13 section 1) Begin inflation by reading and defining key terms from Chapter 13 section 2. Audible Tone: Which type of unemployment are we most concerned about? Why?
Watch the video "Ten Trillion and Counting" on the budget deficit and national debt. Audible Tone: Explain what happens in EACH of the four phases of the business cycle.
Correct chapter 12 worksheets in class. Read/define Chap 13 section 1 key terms. Discuss unemployment. Audible Tone: Explain the difference between Nominal GDP and Real GDP.
Finish discussing GDP. Go over the business cycle (chap 12 section 2). Worksheets for chapter 12 given as homework. Audible Tone: What is GDP used for?
Go over chap 7-8 test, read/define 12/1 terms, and discuss GDP and the uses of it. Audible Tone: What is market structure? list the 4 major types. What is business organization? list the 6 kinds. Turn in.
Test on Chapter 7-8. Audible Tone: What are the benefits of a franchise to the individual owner? To the parent company?
Go over worksheet on Chapter 8 section 4 in class. Vocab review for Test. Review for chapter 7-8 test which is Friday. |
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