Chapters 12 and Nov Budget - due by 4/20



HW –
Read Exploring Economics Unit 12
Read Whatever Happened to Penny Candy Chapter 12
Complete Questions below
 
November Budget
No crisis for November..You are stressed, so God is giving you rest :)

Week 12 - Exploring Economics Unit 12 and Penny Candy Chapter 12
From Penny Candy:
1.      What is a job?
2.      From where does the money for tools come?
From Exploring Economics:
3.      What is the gross domestic product?
4.      What is considered a healthy annual rate of growth in the GDP?
5.      What is the Consumer Price Index (CPI)?
6.      How is unemployment measured?
7.      What is the Leading Economic Index (LEI)?
8.      What is a stock market?
9.      What is the largest actual stock market in the world?
10.  What is the Dow Jones Industrial Average?
11.  What is the NASDAQ?
12.  What is the S&P 500?
13.  What is the traditional definition of a recession?
14.  What group declares when a recession begins and ends?
15.  How does this group define a recession?
16.  What are some commonly accepted guidelines for determining a depression?
17.  What was the total net household worth of the United States population in 2009?
18.  What was the average personal worth and the average personal income of Americans in 2009?
19.  What percentage of U.S. population lived in poverty in 2009?

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