Post:19

Post 17: Awesome Buisness Cycle Award

 This chart is too plain. It is straight to the point, but does not have a lot of information to offer. This chart does not explain or giveexamples of whateach checkpoint of the chart means.

This graph is colorful and shows how our economy is a constant rollercoaster it just cant make up its mind. But it doesnt explain what is causing these fluctuations, so i didn't pick this one.

This chart does a very nice job at showing how outside influences change buisness. It includes was causes fluctuation, how changes are made to fix the low points, and what we the economy does a ta high point. Colorful keeps my attention. Italso makes me think about Mr. Campbell using this is his powerpoint and commenting on how he wishes he could make a graph like this. I give this Graph the Awesome award.

Post 16

For my visual for Chapter 10 I created a Study Stack. a website you can play games with flashcards.

Post 15

Leading Indicators – change before the economy

·         Building permits

·         Money supply

·         Inventory changes

Coincident indicators – occur directly with the economy

·         Personal income

·         Employment

·         Demand

Lagging indicators – changes after the economy

·         Unemployment rate of the country

·         Labor costs

·         Business spending

Post 9: Technology Essay

Technology

Growing and spreading all over the world.

How something rolls, turned into what’s the fastest way to get an entire business’s income from china to the states.

Technology has not only sped things up, but made the world more efficient.

Saving time and saving lives.

Life expectancy has grown from 48 to 78 in 100 years.

Progress in medicine has developed from penicillin fixes everything, to chemo, and stem cell research to replace lost limbs.

It has shaped America into what it is now.

Technology attracted people from all over the world.

Where there is technology there is hope.

Post 14: Reaction to Economic Videos

After Mr. Campbell showing us the "My Humps" and the "Buisness Cycle Rap" I thought the rap was better, I could understand and pay attention to it easier. The first video, I found to be a little silly, but it was informative and used all vocabulary correctly. Both were funny but the rap was more straightforward. I enjoyed both videos they were very interesting and amusing.

Buisness Cycles

13 things I learned for Post 13

10 things I learned when taking our class online practice quizzes.

1.       Economists divide gross investment into two subcategories: fixed investment and inventory investment.

2.       To measure changes in prices over time, economists use price indexes.

3.       Gross domestic product (GDP) is the total dollar value of all final goods and services produced within a country during one calendar year.

4.       Personal consumption expenditures is one element of GDP.

5.       To calculate national income, economists subtract subsidies and indirect taxes from net national product.

6.       The business cycle is divided into four stages.

7.       Many economists agree that the level of business investment, availability of money and credit, expectations about future economic activity, and external factors affect the business cycle.

8.       Coincident indicators change as the economy moves from one phase of the business cycle to another.

9.       Continued economic growth is important to the U.S. for a number of reasons.

10.   Without long-term economic growth, a nation's standard of living declines.

11.   As people's incomes increase, they generally pay more in taxes.

12.   This is the reason that macroeconomists devote a great deal of time to examining ways to stimulate the economy.

13.   The capital-to-labor ratio is the amount of capital stock available per worker.