1. Updated: April 2009 JEOPARDY Misc. Information Trade Legislation Finance Taxes 100 200 300 400 500 100 200 300 400 500 GAME RULESFINAL ROUND

2. - Jeopardy - Deregulation is part of this type of economic policy Category A 100

3. - Jeopardy - What is Laissez-Faire economics? Category A 100

4. - Jeopardy - The total value of all goods and services produced by all firms in a specified period of time Category A 200

5. - Jeopardy - What is aggregate supply? Category A 200

6. - Jeopardy - A chart showing the quantity of real GDP purchased at each possible price level Category A 300

7. - Jeopardy - What is aggregate demand? Category A 300

8. - Jeopardy - This man said the economy is divided into four sectors- consumer, investment, government, and foreign, and that the health of the economy is based on the spending of all sectors, each impacts the others Category A 400

9. - Jeopardy - Who is John Maynard Keynes? Category A 400

10. - Jeopardy - The oldest, most prestigious stock exchange Category A 500

11. - Jeopardy - What is the New York Stock Exchange? Category A 500

12. - Jeopardy - When a supplier can past on a tax increase, known as the incident of a tax, to the consumer demand is said to be what? Category B 100

13. - Jeopardy - What is inelastic? Category B 100

14. - Jeopardy - A charge placed on certain items such as alcohol and cigarettes to control or change behavior and/or to raise government revenue Category B 200

15. - Jeopardy - What is a sin tax? Category B 200

16. - Jeopardy - Also known as a flat tax, the same % of tax is levied on everyone regardless of income. Category B 300

17. - Jeopardy - What is a proportional tax? Category B 300

18. - Jeopardy - Tax you are required to pay for old age and medical care Category B 400

19. - Jeopardy - What is FICA? Category B 400

20. - Jeopardy - How much would you like to bet? DAILY DOUBLE

21. - Jeopardy - When exports are taxed it is known as a customs duty or this Category B 500

22. - Jeopardy - What is a tariff? Category B 500

23. - Jeopardy - The idea that supply and demand for the worker’s skills and services determine the wage or salary. Category C 100

24. - Jeopardy - What is the traditional theory of wage determination? Category C 100

25. - Jeopardy - The idea that employers are willing to pay more in wages to those who have special skills or degrees, or special abilities Category C 200

26. - Jeopardy - What is the signaling theory? Category C 200

27. - Jeopardy - How much would you like to bet? DAILY DOUBLE

28. - Jeopardy - This legislation gave employers the right to sue unions for breaking contracts, 80 day strike delay, and allowed states to pass right to work laws Category C 300

29. - Jeopardy - Category C 300 What is the Taft-Hartley Act?

30. - Jeopardy - Also known as the Wagner Act established the right of unions to collective bargain Category C 400

31. - Jeopardy - What is the National Labor Relations Act? Category C 400

32. - Jeopardy - When a neutral third party collects facts and makes non-binding recommendations for resolving the dispute Category C 500

33. - Jeopardy - What is fact-finding? Category C 500

34. - Jeopardy - It must be portable, durable, divisible, and have limited durability. Category D 100

35. - Jeopardy - What is money? Category D 100

36. - Jeopardy - Coupon, par value, and maturity are all parts of this. Category D 200

37. - Jeopardy - What is a bond ? Category D 200

38. - Jeopardy - The privately owned, publicly controlled central bank of the United States that controls the supply of money Category D 300

39. - Jeopardy - What is the (FED) Federal Reserve System? Category D 300

40. - Jeopardy - The term for money that includes traveler checks, coins, currency, and demand deposit and checking accounts Category D 400

41. - Jeopardy - What is M1? Category D 400

42. - Jeopardy - The currencies used by countries to conduct international trade Category D 500

43. - Jeopardy - What is foreign exchange? Category D 500

44. - Jeopardy - The tax placed on imports that is high enough to give the government income, but low enough not to restrict trade Category E 100

45. - Jeopardy - What is a revenue tariff? Category E 100

46. - Jeopardy - People that promote the restriction of imports in favor of domestic industry Category E 200

47. - Jeopardy - Who are protectionists? Category E 200

48. - Jeopardy - This replaced GATT and administers trade agreements, helps with trade negotiations settles disputes between countries, and aids developing countries Category E 300

49. - Jeopardy - What is the World Trade Organization (WTO)? Category E 300

50. - Jeopardy - Place your bets! DAILY DOUBLE

51. - Jeopardy - When country A can product a good more efficiently than country B, Country A is deemed to have this. DAILY DOUBLE

52. - Jeopardy - What is comparative advantage? Category E 400

53. - Jeopardy - An agreement between the U.S. and a nation including this statement that allows the nation to receive the lowest tariff rates the U.S. negotiates with any country Category E 500

54. - Jeopardy - What is most favored nation clause? Category E 500

55. - Jeopardy - Welcome to Jeopardy! The fun and sneaky way to review material for the upcoming test!

56. - Jeopardy - And now… a brief introduction to the RULES of the GAME…

57. - Jeopardy - Each group must: a) SIT TOGETHER, and b) Designate a SPEAKER who will respond to the prompts (You may NOT change speakers).

58. - Jeopardy - The game consists of FIVE categories, each containing FIVE questions

59. - Jeopardy - Questions are randomly arranged, NOT by degree of difficulty

60. - Jeopardy - Each speaker may select only ONE question per round

61. - Jeopardy - Once the selected question is posted on the screen, the SPEAKER of the team has 10 seconds to respond.

62. - Jeopardy - The speaker may consult with teammates before responding

63. - Jeopardy - During the game, whispering is OK, but LOUD talking and/or disruptions DURING THE GAME may result in point loss for the entire team.

64. - Jeopardy - The response should be phrased in the FORM OF A QUESTION. (Words, phrases, and statements – even if correct – may be disqualified)

65. - Jeopardy - A CORRECT ANSWER earns the team the amount of points indicated on the jeopardy board.

66. - Jeopardy - If the speaker does not respond correctly within 10 seconds, the question passes on to the next team speaker, who has 5 seconds to respond.

67. - Jeopardy - The number of points for the correct answer at this stage are the same as for the previous team.

68. - Jeopardy - Questions that are not answered correctly by the selecting team are offered to the other teams in turn until a correct answer is given or all teams have guessed incorrectly.

69. - Jeopardy - For the Daily Double, the speaker designates the number of points – up to the max. points earned by the team. If correct, the team earns the designated points; if incorrect, they lose the designated points.

70. - Jeopardy - Again, whispering is OK, but remember, LOUD TALKING and/or DISRUPTIONS DURING THE GAME may result in point loss for the entire team.

71. - Jeopardy - The judge’s decisions are FINAL and whining, pouting, and/or complaints will NOT BE ENTERTAINED…

72. - Jeopardy - Ready to play?

73. - Jeopardy - Final Jeopardy Topic: Economics You may wager up to the amount of points your team has earned. Write your wager on a piece of paper and submit it.

74. Updated: April 2009 Final Jeopardy Question This deals with the economy as a whole and includes employment, GDP, inflation, economic growth, and allocation of wealth

75. Updated: April 2009 Economics What is macroeconomics?