JEOPARDY!
Click Once to Begin
Measuring Our
Economic Health
Template by
Bill Arcuri, WCSD
JEOPARDY!
What To
Do !!!
International
Business
Goals
Economic
Cycles
Trade
Taxes
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Terms
Economic
Template by
Bill Arcuri, WCSD
“The total value of a
nation’s products &
services for a year.”
What is Gross National
Product (GNP)?
Template by
Bill Arcuri, WCSD
“The measure of how
well we are living in our
country.”
What is Standard of Living?
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Bill Arcuri, WCSD
“The measure of whether or
not prices are going up,
going down, or staying the
same.”
What is the Consumer
Price Index?
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Bill Arcuri, WCSD
“How we keep track of
the number of people out
of work.”
What are the
Unemployment Figures?
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Bill Arcuri, WCSD
“The way we know if the
value of our country’s
companies are going up
or down.”
What is the Stock
Market?
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Bill Arcuri, WCSD
“GNP or GNDP”
What is go up ?
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Bill Arcuri, WCSD
“Prices”
What is remain stable or rise
only slightly (1% – 5%) ?
Template by
Bill Arcuri, WCSD
“Unemployment”
What is remain low
(Approximately 4%) ?
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Bill Arcuri, WCSD
“Standard of Living”
What is Rise ?
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Bill Arcuri, WCSD
“At this amount, the
increase in prices is
considered “painful.”
What is 10% ?
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Bill Arcuri, WCSD
“When things are good.”
What is Prosperity ?
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Bill Arcuri, WCSD
“When things are bad,
very bad.”
What is Depression ?
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Bill Arcuri, WCSD
“A period during which the
economy is slipping,
starting to go downhill.”
What is a Recession ?
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Bill Arcuri, WCSD
“A period during which the
economy is improving or when
things begin to get better.”
What is a Recovery ?
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Bill Arcuri, WCSD
During this stage,
1.Unemployment is decreasing
2. Production is increasing
3. Spending is increasing
What is a Recovery ?
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Bill Arcuri, WCSD
“During this stage in the
economic cycle, a business
should be fully staffed.”
What is Prosperity ?
Template by
Bill Arcuri, WCSD
“During this stage in the
economic cycle, a business
may have stopped
spending completely.”
What is a Depression ?
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Bill Arcuri, WCSD
“During this stage in the
economic cycle, the
government will begin to
lower interest rates.”
What is a Recession ?
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Bill Arcuri, WCSD
Daily Double!!!
“During this stage in the
economic cycle, consumers
have to spend their savings.”
What is a Depression ?
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Bill Arcuri, WCSD
“During this stage in the
economic cycle,
government tax collections
are at their highest levels.”
What is Prosperity ?
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Bill Arcuri, WCSD
“Goods brought into the
country and those sent
away.”
What are imports & exports ?
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Bill Arcuri, WCSD
“A tax placed on goods
coming into a country.”
What are tariffs ?
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Bill Arcuri, WCSD
“A limit put on the
number of goods a
country will allow another
country to send to them.”
What is a quota ?
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Bill Arcuri, WCSD
“The difference between
a country’s imports and
exports.”
What is the Balance
of Trade ?
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Bill Arcuri, WCSD
“If a country’s imports exceed
their exports, more money is
leaving the country than coming
in. The money supply is
reduced. What may happen to
interest rates in that country”
What is go up ?
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Bill Arcuri, WCSD
“A tax on the salaries of
a company’s
employees.”
What are payroll taxes ?
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Bill Arcuri, WCSD
“A tax that will provide
for employees in their
golden years.”
What is Social Security ?
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Bill Arcuri, WCSD
“A tax that provides
government with an
income to pay people who
are unemployed for a
limited period of time.”
What Unemployment taxes ?
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Bill Arcuri, WCSD
“A tax on the amount of
money made by a
business.”
What is an Income Tax ?
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Bill Arcuri, WCSD
“Money paid to the
government based on the a
percentage value of the
goods and services a
company sells.”
What is a Sales Tax ?
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Bill Arcuri, WCSD