1. 2 pt 3 pt 4 pt 5pt 1 pt 2 pt 3 pt 4 pt 5 pt 1 pt 2pt 3 pt 4pt 5 pt 1pt 2pt 3 pt 4 pt 5 pt 1 pt 2 pt 3 pt 4pt 5 pt 1pt Economic Indicators Business Cycle Unemployment GovernmentMiscellaneous

2. The total value of goods and services produced in a country in a given year is

3. Gross Domestic Product (GDP)

4. An increase in the general cost of goods and service

5. Inflation Rate

6. What is the term for figures used to measure an economic performace?

7. Economic Indicators

8. Full employment refers to a time period when _____% is employed

9. 94 – 100% people are employed

10. The total planned expenditures (demand) in the entire economy is called…

11. Aggregate Demand

12. Level of economic activity is at its highest

13. Peak

14. People will cut back on spending during the _____ phase of the business cycle

15. Recession/ Contraction

16. The harsh economic conditions experienced in the US during the 1930s were an example of a _____

17. Depression

18. A rise in business activity after a recession or depression is called ________

19. Recovery / expansion

20. Draw & label the business cycle on the white board

22. True or False? Unemployment is caused by downsizing

23. True

24. Unemployment caused by changes in the economic system (new equipment, etc.)

25. Structural unemployment

26. Unemployment caused by changes in the weather

27. Seasonal Unemployment

28. Unemployment caused by searching for a new job

29. Frictional Unemployment

30. Unemployment caused by fluctuations in the business cycle

31. Cyclical Unemployment

32. The total amount of money a government owes is what?

33. National debt

34. The government gets money or income from…

35. Taxes

36. A measure of how well the people in an economic system live is called…

37. Standard of Living

38. Country A is currently in the expansion phase of the business cycle & country B is in the trough, which country has the better economic indicator results.

39. Country A

40. Country A’s unemployment rate is 9.3% and Country B’s is 4.5%, which country has the better economic indicator.

41. Country B

42. True or False Every business cycle includes a depression

43. False

44. What does a business downsizing mean for the economic indicators?

45. Unemployment

46. A rise in unemployment & a reduction in GDP is a characteristic of what phase of the business cycle

47. Recession (or contraction)

48. A measure of the average prices of goods and services used by the average household

49. Consumer Price Index (CPI)

50. When an economy becomes too productive and inflation spirals out of control, _____ results.

51. Hyper Inflation

52. JEOPARDY GAME Great! I have the blank jeopardy file. Now, how do I create my own jeopardy game using this blank format. The hard part has been done for you--you have the easy part! Before we begin, you will need to download the Blank Jeopardy game from the web site. Open it by clicking on it. Go to File, Save As, Save it to your Desktop or a folder. 1. Click on your Blank Jeopardy to open it in Powerpoint. 2. Decide on your categories at the top. You need 5 categories. 3. If you want to change the color of the font, highlight the category, click on the font color button's down arrow and choose the color of your choice. 4. Double click in the first blank category and begin typing your first category. Continue to do this for all five categories. Click on File, Save As to save your work. You will want to give it a name, e.g. Science ch. 5 review. This will leave your "blank jeopardy file", blank for you to create other games. 5. Go to the lower left hand corner and choose the Slide Sorter View. 6. Choose the second slide and double click on it. 7. If you do not have the DRAW toolbar at the bottom of your screen, go to VIEW, Toolbars, and click on Drawing. You should now see the Draw toolbar. 8. Click on the Text button. Click again to position the text box on your slide toward the top and in the middle. 9. Begin typing your first answer. 10. Double Click on slide 3, repeat step 11 and type your question. Remember the format of Jeopardy. The answer is in the form of a question. 11. Periodically, save your work by clicking on the little diskette in your menu bar. 12. Each slide is in order, going down the category e.g.: First category on the far left for 1 point is slide number 2 and 3. First category for 2 points is slide number 4 and 5 etc. 13. If you want to include two "daily doubles", just change the color of the question and answer to yellow. We included two daily doubles because we play with two teams and would like each team to have the opportunity to score a daily double. But as you know, it doesn't always work out that way! Enjoy creating and playing Jeopardy!