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JEOPARDY!
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• Measuring Our Economic Health

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JEOPARDY!
Terms
Economic Goals
Economic Cycles
What To Do !!!
International Trade
Business Taxes
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Daily Double Graphic and Sound Effect!
Daily Double!!!

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The total value of a nations products
services for a year.
What is Gross National Product (GNP)?
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The measure of how well we are living in our
country.
What is Standard of Living?
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The measure of whether or not prices are going
up, going down, or staying the same.
What is the Consumer Price Index?
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How we keep track of the number of people out of
work.
What are the Unemployment Figures?
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The way we know if the value of our countrys
companies are going up or down.
What is the Stock Market?
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GNP or GNDP
What is go up ?
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Prices
What is remain stable or rise only slightly (1
5) ?
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Unemployment
What is remain low (Approximately 4) ?
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Standard of Living
What is Rise ?
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At this amount, the increase in prices is
considered painful.
What is 10 ?
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When things are good.
What is Prosperity ?
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When things are bad, very bad.
What is Depression ?
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A period during which the economy is slipping,
starting to go downhill.
What is a Recession ?
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A period during which the economy is improving
or when things begin to get better.
What is a Recovery ?
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During this stage, 1.Unemployment is
decreasing 2. Production is increasing 3.
Spending is increasing
What is a Recovery ?
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During this stage in the economic cycle, a
business should be fully staffed.
What is Prosperity ?
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During this stage in the economic cycle, a
business may have stopped spending completely.
What is a Depression ?
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During this stage in the economic cycle, the
government will begin to lower interest rates.
What is a Recession ?
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During this stage in the economic cycle,
consumers have to spend their savings.
Daily Double!!!
What is a Depression ?
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During this stage in the economic cycle,
government tax collections are at their highest
levels.
What is Prosperity ?
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Goods brought into the country and those sent
away.
What are imports exports ?
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A tax placed on goods coming into a country.
What are tariffs ?
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A limit put on the number of goods a country
will allow another country to send to them.
What is a quota ?
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The difference between a countrys imports and
exports.
What is the Balance of Trade ?
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If a countrys imports exceed their exports,
more money is leaving the country than coming in.
The money supply is reduced. What may happen to
interest rates in that country
What is go up ?
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A tax on the salaries of a companys employees.
What are payroll taxes ?
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A tax that will provide for employees in their
golden years.
What is Social Security ?
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A tax that provides government with an income to
pay people who are unemployed for a limited
period of time.
What Unemployment taxes ?
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A tax on the amount of money made by a business.
What is an Income Tax ?
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Money paid to the government based on the a
percentage value of the goods and services a
company sells.
What is a Sales Tax ?