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Wordwall Words

Word Wall Words Cont.

Millionaires Do What?

I Missed Out on What

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ShortMediumLong-

Can’t Touch My Circular Flow

Payments earned by households; may include salaries, wages, and interest.

A 100

The process of putting money someplace with the intention of making a financial gain. EX. Stock Market

A 200

Payments earned by households; may include salaries, wages, and interest.

A 300

Money set aside for a future use that is held in easilyaccessed accounts, such as savings accounts.

A 400

Trading goods and services with other people because both parties expect to benefit from the trade.

A 500

An amount or portion of a resource assigned to a particular recipient.

B 100

The second-best alternative that must be given up when you choose to do something else

B 200

Any reward or benefit, such as money, advantage or good feeling that motivates people to do something.

B 300

Human wants are unlimited; resources are limited.

B 400

A strategy that allows individuals to consider all possible alternatives so that they can make an informed decision.

B 500

Most millionaires are college graduates.

C 100

If you save $2,000 a year from age 22 to age 65 at 8 percent interest, your savings will be more than $700,000 at age 65.

C 200

Most millionaires work in glamorous jobs, such as sports, entertainment, or high tech.

C 300

DAILY Place A Wager DOUBLE C 400

Most millionaires work fewer than 40 hours a week.

C 400

Millionaires tend to avoid the stock market.

C 500

John watches TV the night before a major exam.

D 100

Mark buys a car just before going to college.

D 200

Lauren studies on Friday and Saturday.

D 300

Alex saves his money under his mattress.

D 400

Michael is a high school student and works a full time job (40 hours a week).

D 500

John wants to get a job during the summer.

E 100

Mark wants to be a doctor.

E 200

Lauren wants to finish reading To Kill a Mocking Bird by the end of Christmas Break.

E 300

Alex is a 10th grader and wants to attend a College immediately after graduating from high school.

E 400

Michael wants to get in shape by the New Year (January 1st).

E 500

These two groups are the main participants in the Economy.

F 100

The ‘Money Flow’ goes this way and the ‘Real Flow” goes this way.

F 200

Explain how products and services flow through the Economy.

F 300

Explain how money flows through the economy.

F 400

Give a Real Life Example of the Circular Flow

F 500

The Final Jeopardy Category is: Circular Flow Model

Please record your wager.

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Why can’t the circular flow model work without the individuals/households and the businesses (Be Specific)?

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Thank You for Playing Jeopardy!

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