Letter to Parents
Syllabus & Homework

Easy Extra Credit: Economics

One extra credit point for each question answered correctly will be added to your next test score.

Directions: Answer the following questions on a separate sheet of paper. Answers are found in the Text Book Economics, principals in action. (No need to write the question out)

1. Why will scarcity always exists?

2. The method by a society to prouduce and distribute goods is called what?

3. Adam Smith was a proponent of what type of economic system?

4. The concerns of the public as a whole in economics is called what?

5. A table that lists the quantity of a good that a person will purchase at each price is called what?

6. Supply shock creates a problem of what?

7. The practice of dividing consumers into different groups and charging each group a different price is known as what?

8. Which type of business will hire nonunion workers but require them to join the union.

9. Which type of investment will provide interest on your investment. Stocks, Bonds, Mutual Funds.

10. John Maynard Keynes brought a view to economics which focused not only on the equilibrium of supply and demand but also focused on what?
 
 



Hard Extra Credit: Economics

Two extra credit points for each question answered correctly will be added to your next test score.

Directions: Answer the following questions on a separate sheet of paper. To answer these questions you may use any source, encyclopedia, Internet, or text book.(No need to write the question out)

1. If you have a variable APR interest rate on your Credit Card, you interest rate varies according to what?

2. Non-profit banks which are owned by the members are called what?

3. What is the system of values which each worker will have toward the importance of their work?

4. When a country does not invest in human capital, what does this result in?

5. What is the main purpose of APEC?

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