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