1. Hi 1. Please turn in the explanations of the 4 pictures to the folder on top of the PROJECTOR CART. You have until 30 seconds after the late bell to turn this in. Because it was a one day assignment, it will not be accepted late. 2. At your desk, you need the following: – Cell phone if you have it (we’re using it for something academic!) – Dry erase board and marker – Study guide opened to page 5 3. Yesterday, you missed the notes for Learning Goals 3-4. You’ll need to do that tonight. You will still take the quiz tomorrow. “Spending Money” – Jimmy Buffett

2. ItemWith $500With $1,000 TV 27 iPod/iPhone/iPad 1014 Video game system 46 Video games 9601920 iTunes songs 9003510 New clothes 34804330 New bag/purse 50150 New Shoes 9802510 Tickets to a show, concert, or sporting event 16003600

3. If we have poor people, why doesn’t the Federal Reserve just print $100,000 for every American so they can afford things? People get more money  Demand for every item goes up. Demand for every item goes up  Prices go up Prices go up so much  $100,000 can become almost worthless!