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The Business Cycle
Can economists predict when the next wave of unemployment is coming? No, they are unfortunately very bad at that. But they can tell you that it's coming. The Business Cycle shows us that. Let's see how real world actions live on this graph and we know that the cycle will continue.
The market for trees
Let's see how market forces influence the market for Christmas trees. NPR's Planet Money heads out to buy and sell some Christmas trees. Let's listen to their show and see how they do.
What's the best gift?Inflation and the Twelve Days of Christmas
Check out the PNC Christmas Price Index to see how much your true love is spending on all those gifts.
Have a great vacation!
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Head to the U.S. Bureau of Labor Statistics website. See if you can find out what the unemployment rate is for the United States. For Maine. For the Portland, Maine area. For another state. You'll find the information you need under the Data Tools. From there use the Regions, States, and Areas link to gather the information you need,
Record the information you find at the What's our unemployment question on Google Classroom. |
What is unemployment? It may not be as simple as it may seem. For example, not everyone without a job is unemployed. The mark of a strong economy may not be that everyone is working. In fact, we may be totally fine with some people being unemployed.
Grab the Unemployment notes from Google Classroom and head to Nearpod to learn more. |
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