BASIC ECONOMICS CONCEPTS

Froggy Jumps

This game was design to teach my High School ELL/ESL students to get main concepts related to ECONOMICS.

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#vocabulary

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4 veces realizada

Creada por

Racquel Lima

Brasil

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Racquel Lima

28 de Agosto de 2022

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Froggy Jumps BASIC ECONOMICS CONCEPTSVersión en línea This game was design to teach my High School ELL/ESL students to get main concepts related to ECONOMICS. por Racquel Lima 1 What is MONEY? a A loan that makes it possible to buy real estate b A commodity accepted by general consent as a medium of economic exchange c A record of the money taken from your bank account, 2 What is PRICE? a Units of corporate debt issued by companies and securitized as tradeable assets b The amount of money a consumer or business has available to borrow c The amount of money that has to be paid to acquire a given product 3 What is RATE? a It's one of the parts into which a debt is divided when payment is made at intervals b A quantity, amount, or degree of something measured per unit of something else c It's a fixed-income instrument that represents a loan made by an investor to a borrower 4 What is INTEREST? a Money paid as an official punishment b The price paid for the use of credit or money c An amount of money available for spending that is based on a plan for how it will be spent 5 What is INFLATION? a It occurs when price inflation slows down temporarily b The rate of increase in prices over a given period of time c The overall decrease in the cost of an economy's goods and services 6 What is DEFLATION? a A situation where the prices of goods and services rise uncontrollably over a defined period of time b The rate of increase in prices over a given period of time. c The overall decrease in the cost of an economy's goods and services 7 What is DISINFLATION? a A transaction between two or more parties b A temporary slowing of the pace of price inflation c The excess over the returns to capital, land, and labour 8 What is a LOAN? a A form of debt incurred by an individual or other entity b It is used to show the changes in an indicator with respect to its previous standings c A loan that makes it possible to buy real estate 9 What is a PERCENTAGE? a It's an amount of money that a government requires people to pay according to their income b It is a fraction of an amount expressed as a particular number of hundredths of that amount. c It's a fixed-income instrument that represents a loan made by an investor to a borrower 10 What is a MORTGAGE? a It records the trade of goods and services of an economy with other countries of the world. b It's an interest-bearing deposit account held at a bank or other financial institution c It is a type of loan used to purchase or maintain a home, land, or other types of real estate. 11 What is a SAVING ACCOUNT? a It's an interest-bearing deposit account held at a bank or other financial institution b The reception of compensation for a good or service c It records the trade of goods and services of an economy with other countries of the world. 12 What is a CURRENT ACCOUNT? a The reception of compensation for a good or service b It records the trade of goods and services of an economy with other countries of the world. c Mandatory contributions levied on individuals or corporations by a government entity

Froggy Jumps

BASIC ECONOMICS CONCEPTSVersión en línea

This game was design to teach my High School ELL/ESL students to get main concepts related to ECONOMICS.

por Racquel Lima

What is MONEY?

A loan that makes it possible to buy real estate

A commodity accepted by general consent as a medium of economic exchange

A record of the money taken from your bank account,

What is PRICE?

Units of corporate debt issued by companies and securitized as tradeable assets

The amount of money a consumer or business has available to borrow

The amount of money that has to be paid to acquire a given product

What is RATE?

It's one of the parts into which a debt is divided when payment is made at intervals

A quantity, amount, or degree of something measured per unit of something else

It's a fixed-income instrument that represents a loan made by an investor to a borrower

What is INTEREST?

Money paid as an official punishment

The price paid for the use of credit or money

An amount of money available for spending that is based on a plan for how it will be spent

What is INFLATION?

It occurs when price inflation slows down temporarily

The rate of increase in prices over a given period of time

The overall decrease in the cost of an economy's goods and services

What is DEFLATION?

A situation where the prices of goods and services rise uncontrollably over a defined period of time

The rate of increase in prices over a given period of time.

The overall decrease in the cost of an economy's goods and services

What is DISINFLATION?

A transaction between two or more parties

A temporary slowing of the pace of price inflation

The excess over the returns to capital, land, and labour

What is a LOAN?

A form of debt incurred by an individual or other entity

It is used to show the changes in an indicator with respect to its previous standings

A loan that makes it possible to buy real estate

What is a PERCENTAGE?

It's an amount of money that a government requires people to pay according to their income

It is a fraction of an amount expressed as a particular number of hundredths of that amount.

It's a fixed-income instrument that represents a loan made by an investor to a borrower

What is a MORTGAGE?

It records the trade of goods and services of an economy with other countries of the world.

It's an interest-bearing deposit account held at a bank or other financial institution

It is a type of loan used to purchase or maintain a home, land, or other types of real estate.

What is a SAVING ACCOUNT?

It's an interest-bearing deposit account held at a bank or other financial institution

The reception of compensation for a good or service

It records the trade of goods and services of an economy with other countries of the world.

What is a CURRENT ACCOUNT?

The reception of compensation for a good or service

It records the trade of goods and services of an economy with other countries of the world.

Mandatory contributions levied on individuals or corporations by a government entity

BASIC ECONOMICS CONCEPTS

Froggy Jumps

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Froggy Jumps

BASIC ECONOMICS CONCEPTSVersión en línea

por Racquel Lima

What is MONEY?

What is PRICE?

What is RATE?

What is INTEREST?

What is INFLATION?

What is DEFLATION?

What is DISINFLATION?

What is a LOAN?

What is a PERCENTAGE?

What is a MORTGAGE?

What is a SAVING ACCOUNT?

What is a CURRENT ACCOUNT?