Download presentation
Presentation is loading. Please wait.
Published byRachel Dorsey Modified over 9 years ago
1
Double Jeopardy Q $200 Q $400 Q $600 Q $800 Q $1000 Q $200 Q $400 Q $600 Q $800 Q $1000 Taxes Intro to Economics The Six Pillars Demand & Supply Money & Banking
2
$200 Question from Taxes. An excise tax can also be called a luxury or __________ tax.
3
$200 Answer from Taxes. Sin/Hidden Tax
4
$400 Question from Taxes. Social insurance taxes such as Social Security and Medicare are taken directly out of paychecks. Because of this they are often called __________ taxes.
5
$400 Answer from Taxes. Payroll Taxes
6
$600 Question from Taxes. This tax regulates or discourages activities that Congress deems dangerous.
7
$600 Answer from Taxes. Nonrevenue Tax
8
$800 Question from Taxes. This is laid on the manufacture, sale, or consumption of a good/or a performance of a service.
9
$800 Answer from Taxes. Excise Tax
10
$1000 Question from Taxes. This is also called a “payroll tax” because it is taken directly out of paychecks at a flat rate.
11
$1000 Answer from Taxes. Social Insurance Tax
12
$200 Question from Intro to Economics.
13
$200 Answer from Intro to Economics. Into Production
14
$400 Question from Intro to Economics.
15
$400 Answer from Intro to Economics. Resulting in a Good/Service
16
$600 Question from Intro to Economics.
17
$600 Answer from Intro to Economics. Distribution
18
$800 Question from Intro to Economics.
19
$800 Answer from Intro to Economics. Factors of Production (Land, Labor, Capital)
20
$1000 Question from Intro to Economics.
21
$1000 Answer from Intro to Economics. Goods Made Available for Consumption
22
$200 Question from The Six Pillars. This pillar means that a business will compete with others in the market.
23
$200 Answer from The Six Pillars. Market Competition.
24
$400 Question from The Six Pillars. I am going to college to become a teacher. When I sell my labor my _______________ will be in Social Studies education. (what pillar goes along with this idea)
25
$400 Answer from The Six Pillars. Specialization
26
$600 Question from The Six Pillars. Arby’s and Wendy’s engage in _______________ ______________ because they both specialize in fast food.
27
$600 Answer from The Six Pillars. Market Competition
28
$800 Question from The Six Pillars. A business sells cupcakes. They will make a profit selling their treats at $2 but customers are willing to pay $3.50 per cupcake. To determine what price they should sell their product the business must consider this pillar of free enterprise
29
$800 Answer from The Six Pillars. The Price System
30
$1000 Question from The Six Pillars. A barber shop must buy their scissors/grooming tools from a retailer. They are engaging in _______________ _______________.
31
$1000 Answer from The Six Pillars. Voluntary Exchange
32
$200 Question from Demand & Supply. Which is a non-elastic supply graph? A B C D
33
$200 Answer from Demand & Supply. C
34
$400 Question from Demand & Supply. The _______________ _____ _______________ is an inverse relationship between the quantity demanded and price.
35
$400 Answer from Demand & Supply. Law of Demand
36
$600 Question from Demand & Supply. The _______________ _____ _______________ is a positive relationship between the quantity supplied and the price of the product.
37
$600 Answer from Demand & Supply. Law of Supply
38
$800 Question from Demand & Supply. Does this show an increase or decrease in supply? S1 S2
39
$800 Answer from Demand & Supply. Increase
40
$1000 Question from Demand & Supply. Does this show an increase or decrease in demand? D1 D2
41
$1000 Answer from Demand. Increase
42
$200 Question from Money & Banking.
43
$200 Answer from Money & Banking. Peak
44
$400 Question from Money & Banking.
45
$400 Answer from Money & Banking. Recovery
46
$600 Question from Money & Banking.
47
$600 Answer from Money & Banking. Recession
48
$800 Question Money & Banking.
49
$800 Answer from Money & Banking. Trough
50
$1000 Question from Money & Banking.
51
$1000 Answer from Money & Banking. Growth Trend
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.