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Ch.8 & 9 QQs

Ch.8 & 9 QQs. Mrs. Brooke B. Lubin Economics Bolton High School. Monday, March 4 th , 2013. BELL: complete all Ch.8 QQs Finish Ch.8 discussion-Employment, Labor, and Wages Tomorrow: Ch.8 student chapter presentation! ALL/ANY makeup work due Tuesday by 2!

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Ch.8 & 9 QQs

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  1. Ch.8 & 9 QQs Mrs. Brooke B. Lubin Economics Bolton High School

  2. Monday, March 4th, 2013 • BELL: complete all Ch.8 QQs • Finish Ch.8 discussion-Employment, Labor, and Wages • Tomorrow: Ch.8 student chapter presentation! • ALL/ANY makeup work due Tuesday by 2! • Ch.8 QUIZ Wednesday! Presentations Thurs and Fri!

  3. Friday, March 1st, 2013 • Due today: Ch.8 overview & CFA3 • BELL: Ch.8 “reading” quiz-take out a blank sheet of paper • Discuss Labor Unions and… • Ch.8 QQs

  4. Union/labor video • Sports strikes • NEA • AFL-CIO • Types of labor unions

  5. Ch.8 Sec.1 QQ • A lockout is a tactic used by… • An industrial union is made up of… • What effect did the Great Depression have and on whom? • The National Labor Relations Board was created by the… • A union that does not belong to either the AFL-CIO or the Change to Win Coalition is known as a(n)…

  6. Ch.8 Sec.2 QQ • The wage theory that states that differences in wage rates are determined by collective bargaining is the… • What is an example of “professional labor”? • What generally occurs first in union-management negotiations? • The president of the US… • When labor and management bring in a neutral third party to help settle a dispute, they are resolving their differences through…

  7. Ch.8 Sec.3 QQ • Since 1995, union membership in the US has… • Wages, fringe benefits, or work rules that are given up when a labor contract is renegotiated are known as… • According to the Bureau of Labor Statistics, more females than males are employed in… • In constant dollars, the minimum wage has… • The purchasing power of the minimum wage goes up when…

  8. Ch.9 Sec.3 QQ • The alternative minimum tax… • What are some disadvantages of the VAT? • What are some disadvantages of a flat tax? • What prompted federal tax reform in 1986? • Overall, who benefited most from tax reform in 1997?

  9. Ch.9 Sec.1 QQ • Gasoline taxes are a good example of… • The three criteria for effective taxes are… • The ability-to-pay principle of taxation states that… • An exception or oversight in the tax law that allows some people and businesses to avoid paying taxes is… • Paying $1000 tax on $10000 of taxable income, $4000 on $20000, and $20k on $60k is an example of a tax system that is…

  10. Ch.9 Sec.2 QQ • The largest source of revenue for states is • What is the single largest source of revenue for the federal government? • The government uses indexing to revise tax brackets so that workers do not pay higher taxes just because • The property tax that raises the most revenue for local government is the tax on • The gift tax is used to prevent people from avoiding the

  11. Ch.9 discussion • What is revenue and how does the government “raise revenue”? • Have you filed your taxes? What goes into “filing” your taxes-what are the considerations? • Title of Chapter 9…Sections of Chapter 9… • Economic Impact of Taxes p.230-resource allocation, behavior adjustment, productivity and growth, and incidence of a tax-graphs. • Three criterium for effective taxes? P.232

  12. Ch.9 discussion continued • Two principles of taxation? P.234 • Three types of taxes? P.235

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