Econ Warmups Nov 3

Warmups and Summaries
Nov 3-14

Open Ended

Monday Warmup:

When you go to the doctor, what data do they use to measure your overall health?

Tuesday, Nov 5
- 2 questions!

Categorize

Options (12)

A new truck bought by a plumber.

A new home

A home built in 2020

A hamburger

A share of stock in Nike

A governmetn scholarship given to a student

A submarine for the navy

A barber cutting his own hair

A family buys a cake

Nabisco buys flour for its cookies

An auditor who works for the IRS

A factory built by Rivian in Georgia

Sort the components of GDP

Consumption

Investment

Government Spending

Not Counted

Open Ended

What might someone in a developing country do for themselves that would not be counted in GDP?

Read and answer the question
that follows:

Multiple Choice

The workers at the Ford plant are:

• Employed

• Unemployed

• Not in the Labor Force