Released EOCT Qs:● Take the quiz as a group--talk about each

question and the correct answer● Write your answers on a separate sheet of paper● Take notes on your separate sheet of paper about

topics that you need to study more or things that you were reminded of

● Follow our classroom rules● DO NOT write on my quizzes!!

Tuesday, November 19Warm up: Talk to your neighbor about PPCs. What do you remember about them?

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Class Non-Negotiables

1. No talking when someone else has the floora. Ms. Brown determines who has the floorb. “For the good of the group”c. Raise your hand if you have a question

2. Stay in your assigned seat3. No phones4. Stay awake

5 more class days until EOCT!!I will be here after school today, Thursday, Friday, and Monday, Dec. 2 to answer any questions!

Homework!!

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Today’s Agenda

1. PPC Review2. Pyramid3. Unit 1 review activities4. Pyramid

PPC Review

Get a partner and let’s play the $60,000 Pyramid . . .

Round 1

1. Dab2. Monopoly (market structure, NOT the game)3. Formula for GDP (they must give you C+I+G+X-M)4. What a chicken might say5. The Federal Reserve6. Price floor7. CPI (Consumer Price Index)8. Atlanta United (professional soccer team)9. Labor (one of the factors of production)

10. Absolute advantage

Round 2

1. Flossing (dance move)2. Capital (one of the factors of production)3. Formula for unemployment (they should give you the formula)4. Comparative advantage5. What Sponge Bob might say6. Perfect competition market structure7. Open Market Operations8. Discouraged workers9. Avatar (the movie)

10. Consumer income (demand shifter)

Review of Economic Systems, Allocation

Strategies, and Roles of U.S. Government.

Wednesday, November 20Warm up: Talk to your neighbor about the laws of demand and supply and shifters. What do you remember about them? How about market structures (like oligopoly) and business organizations (like sole proprietorships)--remember those?!

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Class Non-Negotiables

1. No talking when someone else has the floora. Ms. Brown determines who has the floorb. “For the good of the group”c. Raise your hand if you have a question

2. Stay in your assigned seat3. No phones4. Stay awake

4 more class days until EOCT!!I will be here after school tomorrow (Thursday), Friday, and Monday, Dec. 2 to answer any questions!

Homework!!

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Today’s Agenda

1. Supply/demand review2. Pyramid3. Unit 2 review activities4. Kahoot!

This is It! Thursday, April 18★

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Thursday, November 21•

We will take EOCT in 117C computer lab during 4th period on Tuesday, Dec. 3

and Wednesday, Dec.4

Class Non-Negotiables

1. No talking when someone else has the floora. Ms. Brown determines who has the floorb. “For the good of the group”c. Raise your hand if you have a question

2. Stay in your assigned seat3. No phones4. Stay awake

3 more class days until EOCT!!I will be here after school today, Friday, and Monday, Dec. 2 to answer any questions!

Homework!!

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Today’s Agenda

1. Supply/Demand quiz2. Notes & problems on taxes (personal finance)3. Pyramid4. Exchange rate review5. Work on study guide, USATP or EverFi

What kind of taxes do you pay? What about your family?

SSEPF3 Explain how changes in taxation can have an impact on an individual’s spending and saving choices.

a. Define progressive, regressive, and proportional taxes.

b. Explain how an increase in sales tax affects different income groups.

c. Explain the impact of property taxes on individuals and communities.

Property Taxes

c. Explain the impact of property taxes on individuals and communities.

3 Tax Structures•

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What Kind of Tax?

Shoppers pay a 6% sales tax on their groceries whether they earn $30,000 or $130,000 annually, so those with lesser incomes end up paying a greater portion of total income than those who earn more. If someone makes $20,000 a year and pays $1,000 in sales taxes consumer goods, 5% of his annual income goes to sales tax. But if he earns $100,000 a year and pays the same $1,000 in sales taxes, this represents only 1% of his income.

What Kind of Tax?

In Brownlapistan, individual taxpayers pay a set percentage of annual income regardless of the amount of that income. The fixed rate doesn't increase or decrease as income rises or falls. An individual who earns $25,000 annually would pay $1,250 at a 5% rate, whereas someone who earns $250,000 each year would pay pays $12,500 at that same rate.

What Kind of Tax?

Tax rates in Joyneropolis are 10%, 12%, 22%, 24%, 32%, 35%, and 37% as of 2019. The first tax rate of 10% applies to incomes of $9,700 or less for single individuals, and $19,400 for married couples filing joint tax returns. The highest tax rate of 37% applies to incomes over $510,300 for single taxpayers, $612,35 for joint married filers.

Friday, November 22

We will take EOCT in 117C computer lab during 4th period on Tuesday, Dec. 3 and

Wednesday, Dec. 4

Class Non-Negotiables

1. No talking when someone else has the floora. Ms. Brown determines who has the floorb. “For the good of the group”c. Raise your hand if you have a question

2. Stay in your assigned seat3. No phones4. Stay awake

2 more class days until EOCT!!I will be here after school today and Monday, Dec. 2 to answer any questions and let you work on Chromebooks.

Homework!!

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Today’s Agenda

1. Exchange rate review2. Released Milestone Questions3. Pyramid4. Work on study guide, USATP or EverFi

Exchange Rate Review

Released Milestone Questions

$60,000 Pyramid Rounds 3 & 4

Round 31. Cyclical unemployment2. Trough (part of business cycle)3. Cinderella4. Scarcity5. Reserve requirement (monetary policy)6. Catch the woah7. Command economy8. Ghost Busters9. Public goods and services

10. Quantity supplied11. Limited liability (benefit of corporation)

Round 41. Complimentary goods2. Recession3. George Washington4. Market economy5. Oligopoly6. The Nae Nae7. Medium of exchange (role of money)8. IRDL the Turtle9. Equilibrium price

10. Sole proprietorship11. Taxing and spending (fiscal policy)

Jeopardy Review--Macro Unit 3