Economics

Economics-10-29-13 October 29, 2013 Appetizer: The purpose of a production possibilities graph is to (a) enable a country to win a war. (b) keep an economy from having nonproductive workers. (c) show alternative ways to use an economy’s resources. (d) make it possible to increase an economy’s output. Main Course: answer your sticky note questions (TOD) review circular flow model one more time Discuss your circular flow activity from Monday-correct yours if it is wrong Go outside and draw some circular flow models with sidewalk chalk; yes, we are going to play in the street and on the sidewalk. Simulation with circular flow TOD-page 56 (Green EOCT book) # 1-4-answers only.