Final JeopardyGovernment

And the EconomyGood

Investing$ and

EmploymentTrade

Economics Around the

World

Q $100

Q $200

Q $300

Q $400

Q $500

Q $100 Q $100Q $100 Q $100

Q $200 Q $200 Q $200 Q $200

Q $300 Q $300 Q $300 Q $300

Q $400 Q $400 Q $400 Q $400

Q $500 Q $500 Q $500 Q $500

Final Jeopardy

$100 Question from Government and the Economy

What government organization insures that our banks will not fail

and that our money will be insured?

$100 Answer from Government and the Economy

The FDIC(Federal Deposit Insurance

Corporation)!

$200 Question from Government and the Economy

What government funded program helps the poor with health insurance?

$200 Answer from Government and the Economy

Medicaid! (Medicare helps the elderly)

$300 Question from Government and the Economy

What is it called when the government funds a specific project that will only help a small

section of people?

$300 Answer from Government and the Economy

A pork project!

$400 Question from Government and the Economy

What do state governments have (that the federal government does not) that limits

their funding?

$400 Answer from Government and the Economy

A balanced budget amendment!

$500 Question from Government and the Economy

What is the total amount that the government has borrowed from investors for government

spending?

$500 Answer from Government and the Economy

National Debt

$100 Question from Good Investing

The actual amount of $ that consumers are able to spend is called what?

$100 Answer from Good Investing

Disposable Personal Income

$200 Question from Good Investing

What regulation allows you to get information about sellers so that we can

make good investments?

$200 Answer from Good Investing

Regulation Z!

$300 Question from Good Investing

What is a contract to repay borrowed $ at regular intervals called?

$300 Answer from Good Investing

A bond!

$400 Question from Good Investing

In what types of markets are prices lowwhich can be good for investing?

$400 Answer from Good Investing

Bear Markets (when prices are

high they are called bull markets)!

$500 Question from Good Investing

Besides staying with what you know and

figuring out your level of risk, what

should you also be to be a good investor?

$500 Answer from Good Investing

Be Consistent!

$100 Question from $ and Employment

What type of unemployment happens when the lifeguards close up the pools on Labor Day?

$100 Answer from $ and Employment

Seasonal

$200 Question from $ and Employment

Price indexes are used to calculate what thathas a impact on the value of $?

$200 Answer from $ and Employment

Inflation

$300 Question from $ and Employment

What is currency that must be acceptedin times of debt?

$300 Answer from $ and Employment

Legal Tender!

$400 Question from $ and Employment

What organization has the power to decrease/lower the money supply by adjusting its reserve

requirements?

$400 Answer from $ and Employment

The Fed!

$500 Question from $ and Employment

What is the period of decline after an economic

peak called?

$500 Answer from $ and Employment

A Recession

$100 Question from Trade

Thanks to trade, the international poverty rate has increased – true or false?

$100 Answer from Trade

False!

$200 Question from Trade

What is it called when a country canproduce more of a product than any other

country?

$200 Answer from Trade

Absolute Advantage

$300 Question from Trade

What is the difference between what a country pays out to and then receives from other countries?

$300 Answer from Trade

Balance of Payment

$400 Question from Trade

What is a division of labor also known as?

$400 Answer from Trade

Specialization

$500 Question from Trade

Flexible exchange rates are established by what?

$500 Answer from Trade

Supply and Demand

$100 Question from Economics Around the World

What is the trade agreement that was organized to improve trade relations

between the US, Canada, and Mexico?

$100 Answer from Economics Around the World

NAFTA!

$200 Question from Economics Around the World

What is a business that has many offices in many countries called?

$200 Answer from Economics Around the World

Multinationals

$300 Question from Economics Around the World

Many countries to help their economies have resorted to privatization – what is

privatization?

$300 Answer from Economics Around the World

The conversion of state (government)factories to private ownership

$400 Question from Economics Around the World

What organization offers advice to all countries on monetary and fiscal policies?

$400 Answer from Economics Around the World

IMF(International Monetary Fund)!

$500 Question from Economics Around the World

What is a Japanese group of firms that regulate competition?

$500 Answer from Economics Around the World

Kiersetu

Final Jeopardy Question

The most important measure of a country’s overall economic development is measured by what?

Final Jeopardy Answer

Its GDP!(Gross Domestic Product)