Wednesday, June 6, 2018

Tuesday June 5- Monday June 11

We did the Monthly Budget activity Tuesday/Wednesday. 

Thursday-Monday will be Final Exam preparation

Final Exam Study guide:


Economics Final Review Sheet
Inelastic/elastic                  law of demand                   inferior good        demand curve      S&P 500
substitute                            ceteris paribus                    market                 surplus                 Types of Bonds                              Excise Tax
Factors of production        shortage                              bank run               entrepreneur        Social Security                              Compliments
Broker                                 Bear Market                       Exempt                 Regressive tax     Command                              Sales tax
FICA                                    Bull Market                        Gross Pay             Net Pay                 Mixed                                  Income Tax
Price of Inputs                    Fixed Cost                          Human Capital    Supply curve       Traditional                              Property taxes

Budgeting- Auto Loan, Mortgage, Rent, Types of Insurance, Spousal Support, Child Support, Utilities
Taxes- tax brackets, evasion, types of taxes, tax forms, and deductions
Money/Banking-Loans, FDIC, Mortgage, Checking

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