Read/define 13/2 terms
Go over inflation, inflation types, and effects of.
Chapter 13 WS.
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Audible Tone: Is inflation good or bad? Justify.
Read/define 13/2 terms Go over inflation, inflation types, and effects of. Chapter 13 WS.
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Do we want unemployment to be at 0%? Why/why not? Turn in.
Finish the video from yesterday. Audible Tone: Which type of unemployment are we most concerned about? Why?
Watch the video: The Persuaders and answer questions. Audible Tone: Why not expand forever? What factors will cause the economy to contract?
Go over unemployment types and full employment. Hours 1 and 3 will have a group work with unemployment-which types of unemployment are we most concerned about? Why? Devise strategies to decrease those types of unemployment. 5th hour is very short today due to a modified early release schedule. Chapter 12-13 test looks to be next Thursday (one week away). Audible Tone: What happens during expansion? During contraction?
Go over the chapter 12 WS from yesterday. Read/define 13/1 terms. Begin discussing the different types of unemployment and unemployment rates. Possible group work on unemployment. Audible Tone: Explain the difference between real GDP and nominal GDP.
Finish discussing GDP, as well as GNP. Read/define 12/2 terms. Go over the business cycle. Chapter 12 WS for homework. Audible Tone: Why do economists want to know GDP? What is it used for? Turn in.
Go over the test from Thursday. Go over the 12/1 terms on GDP, GDP per capita, and uses for GDP Audible Tone: What is meant by business organization? list them.
Test on chapter 7-8. Read/define 12/1 key terms. Audible Tone: What is meant by the term: Market Structure? List them.
We will go over the 8/4 worksheet from yesterday. Vocab review in class. Review for the chapter 7 and 8 test which will be Thursday. Audible tone: Why start a cooperative? Go over the worksheet from Friday. Notes on franchises, nonprofits, and cooperatives. single worksheet on chapter 8 section 4. Test on chapter 7 and 8 will be on Thursday.
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