JEOPARDY GAME RULES FINAL ROUND Legislation Finance Trade
- Slides: 75
JEOPARDY GAME RULES FINAL ROUND Legislation Finance Trade 100 100 200 200 200 300 300 300 400 400 400 500 500 500 Misc. Information Taxes 100 Updated: April 2009
Category A - Jeopardy - 100 Deregulation is part of this type of economic policy
Category A - Jeopardy - 100 What is Laissez-Faire economics?
Category A - Jeopardy - 200 The total value of all goods and services produced by all firms in a specified period of time
Category A - Jeopardy - What is aggregate supply? 200
Category A - Jeopardy - 300 A chart showing the quantity of real GDP purchased at each possible price level
Category A - Jeopardy - What is aggregate demand? 300
Category A - Jeopardy - 400 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 - Jeopardy - Who is John Maynard Keynes? 400
Category A - Jeopardy - The oldest, most prestigious stock exchange 500
Category A - Jeopardy - What is the New York Stock Exchange? 500
Category B - Jeopardy - 100 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 - Jeopardy - What is inelastic? 100
Category B - Jeopardy - 200 A charge placed on certain items such as alcohol and cigarettes to control or change behavior and/or to raise government revenue
Category B - Jeopardy - What is a sin tax? 200
Category B - Jeopardy - 300 Also known as a flat tax, the same % of tax is levied on everyone regardless of income.
Category B - Jeopardy - What is a proportional tax? 300
Category B - Jeopardy - 400 Tax you are required to pay for old age and medical care
Category B - Jeopardy - What is FICA? 400
- Jeopardy - DAILY DOUBLE How much would you like to bet?
Category B - Jeopardy - 500 When exports are taxed it is known as a customs duty or this
Category B - Jeopardy What is a tariff? 500
Category C - Jeopardy - 100 The idea that supply and demand for the worker’s skills and services determine the wage or salary.
Category C - Jeopardy - 100 What is the traditional theory of wage determination?
Category C - Jeopardy - 200 The idea that employers are willing to pay more in wages to those who have special skills or degrees, or special abilities
Category C - Jeopardy - What is the signaling theory? 200
- Jeopardy - DAILY DOUBLE How much would you like to bet?
Category C - Jeopardy - 300 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 - Jeopardy - What is the Taft-Hartley Act? 300
Category C - Jeopardy - 400 Also known as the Wagner Act established the right of unions to collective bargain
Category C - Jeopardy - 400 What is the National Labor Relations Act?
Category C - Jeopardy - 500 When a neutral third party collects facts and makes non-binding recommendations for resolving the dispute
Category C - Jeopardy - What is fact-finding? 500
Category D - Jeopardy - 100 It must be portable, durable, divisible, and have limited durability.
Category D - Jeopardy - What is money? 100
Category D - Jeopardy - 200 Coupon, par value, and maturity are all parts of this.
Category D - Jeopardy What is a bond ? 200
Category D - Jeopardy - 300 The privately owned, publicly controlled central bank of the United States that controls the supply of money
Category D - Jeopardy - 300 What is the (FED) Federal Reserve System?
Category D - Jeopardy - 400 The term for money that includes traveler checks, coins, currency, and demand deposit and checking accounts
Category D - Jeopardy What is M 1? 400
Category D - Jeopardy - 500 The currencies used by countries to conduct international trade
Category D - Jeopardy - What is foreign exchange? 500
Category E - Jeopardy - 100 The tax placed on imports that is high enough to give the government income, but low enough not to restrict trade
Category E - Jeopardy - What is a revenue tariff? 100
Category E - Jeopardy - 200 People that promote the restriction of imports in favor of domestic industry
Category E - Jeopardy - Who are protectionists? 200
Category E - Jeopardy - 300 This replaced GATT and administers trade agreements, helps with trade negotiations settles disputes between countries, and aids developing countries
Category E - Jeopardy What is the World Trade Organization (WTO)? 300
- Jeopardy - DAILY DOUBLE Place your bets!
- Jeopardy - DAILY DOUBLE When country A can product a good more efficiently than country B, Country A is deemed to have this.
Category E - Jeopardy - 400 What is comparative advantage?
Category E - Jeopardy - 500 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 - Jeopardy - 500 What is most favored nation clause?
- Jeopardy Welcome to Jeopardy! The fun and sneaky way to review material for the upcoming test!
- Jeopardy And now… a brief introduction to the RULES of the GAME…
- Jeopardy Each group must: a) SIT TOGETHER, and b) Designate a SPEAKER who will respond to the prompts (You may NOT change speakers).
- Jeopardy The game consists of FIVE categories, each containing FIVE questions
- Jeopardy Questions are randomly arranged, NOT by degree of difficulty
- Jeopardy Each speaker may select only ONE question per round
- Jeopardy Once the selected question is posted on the screen, the SPEAKER of the team has 10 seconds to respond.
- Jeopardy The speaker may consult with teammates before responding
- 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.
- Jeopardy The response should be phrased in the FORM OF A QUESTION. (Words, phrases, and statements – even if correct – may be disqualified)
- Jeopardy A CORRECT ANSWER earns the team the amount of points indicated on the jeopardy board.
- 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.
- Jeopardy The number of points for the correct answer at this stage are the same as for the previous team.
- 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.
- 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.
- Jeopardy Again, whispering is OK, but remember, LOUD TALKING and/or DISRUPTIONS DURING THE GAME may result in point loss for the entire team.
- Jeopardy The judge’s decisions are FINAL and whining, pouting, and/or complaints will NOT BE ENTERTAINED…
- Jeopardy - Ready to play?
- 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.
Final Jeopardy Question This deals with the economy as a whole and includes employment, GDP, inflation, economic growth, and allocation of wealth Updated: April 2009
Economics What is macroeconomics? Updated: April 2009