{"id":11187,"date":"2015-04-13T10:08:15","date_gmt":"2015-04-13T14:08:15","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=11187"},"modified":"2015-04-12T19:14:55","modified_gmt":"2015-04-12T23:14:55","slug":"economic-41315","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2015\/04\/13\/economic-41315\/","title":{"rendered":"Economic &#8211; 4\/13\/15"},"content":{"rendered":"<p><strong>I. \u00a0Bellwork<\/strong><\/p>\n<p>Imagine the government has put a limit of the amount of gasoline a person could purchase each week.\u00a0(Questions &amp; Answers)<\/p>\n<ol>\n<li>How would\u00a0<strong>demand<\/strong>\u00a0be impacted? Explain<\/li>\n<li>How would\u00a0<strong>supply<\/strong>\u00a0be impacted? Explain<\/li>\n<li>What would happen to\u00a0<strong><span style=\"text-decoration: underline;\">price<\/span><\/strong><strong>\u00a0<\/strong>and\u00a0<strong><span style=\"text-decoration: underline;\">quantity<\/span><\/strong><span style=\"text-decoration: underline;\">?<\/span>\u00a0Explain<\/li>\n<li>What\u00a0<strong>problems<\/strong>\u00a0would result from this policy? Explain<\/li>\n<\/ol>\n<p><strong>II. \u00a0Objective<\/strong><\/p>\n<ul>\n<li>Analyze how prices send signals and provide incentives to buyers and sellers in a competitive market.<\/li>\n<li>Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence<\/li>\n<\/ul>\n<p><strong>III.\u00a0 \u00a0 Discussion:<\/strong><\/p>\n<p><strong>A. \u00a0Prices as Signal Pages 142-146<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/youtu.be\/BbGKkV-WoYg\">The Price System, Part 1: Information<\/a><\/li>\n<\/ul>\n<p><strong>B. Videos \u2013\u00a0 Rationing<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.tes.co.uk\/article.aspx?storyCode=6109398\">https:\/\/www.tes.co.uk\/article.aspx?storyCode=6109398<\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/7D8sRGzeqag\">WWII Rationing \u2013 Office of War Information<\/a><\/li>\n<li><a href=\"https:\/\/www.newsnet5.com\/dpp\/news\/local_news\/video-vault-gas-lines-and-gas-shortages\">https:\/\/www.newsnet5.com\/dpp\/news\/local_news\/video-vault-gas-lines-and-gas-shortages<\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/P2GIRjKQs4M\">Gas Rationing in New York<\/a><\/li>\n<\/ul>\n<p><strong>IV. \u00a0Notebook Work<\/strong>&#8211;<\/p>\n<ul>\n<li>Section 6-1 Notes from iLearn\n<ul>\n<li>Brace Map \u2013 Advantages of Prices &amp; Problems with Rationing<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><strong>V. \u00a0Classwork<\/strong><\/p>\n<ul>\n<li>Page\u00a0143\u00a0 Vocabulary (6)<\/li>\n<li>Page 146 Q&amp;A 2-7<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>I. \u00a0Bellwork Imagine the government has put a limit of the amount of gasoline a person could purchase each week.\u00a0(Questions &amp; Answers) How would\u00a0demand\u00a0be impacted? Explain How would\u00a0supply\u00a0be impacted? Explain What would happen to\u00a0price\u00a0and\u00a0quantity?\u00a0Explain What\u00a0problems\u00a0would result from this policy? Explain II. \u00a0Objective Analyze how prices send signals and provide incentives to buyers and sellers in [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-11187","post","type-post","status-publish","format-standard","hentry","category-economics-w2015"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=11187"}],"version-history":[{"count":0,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/11187\/revisions"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=11187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=11187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=11187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}