The Choices You Make!
Take a moment to think about all the things you could be doing right now instead of working on this course.
Make a list on paper. The items you listed are called trade-offs. Of the items on your list, which would you
most like to do
In the sale of goods and services, price is determined by the interaction between supply and demand. In a
graph, the point where the supply curve and demand curve intersect is called the equilibrium point. This
point corresponds to the equi
When we list the various amounts that people will pay for a certain item, we can create a demand schedule
or table. Based on this schedule, we can draw a graph to illustrate overall demand for the good or
service. Demand (D) is the "whole curve"overall de
Goods and Services
We are all consumers of economic products. Goods are the physical items created by people to be used
right away. Gas and fast food are goods, like your computer and mp3 player. Services are the valuable
actions supplied by other people.
Should I stay a Flight Commander?
Loss of rank
Gives job to those who don't deserve it
Not watched as much
Leaves flight hanging in important time
More time to work on other classes
No guarantee on another job
Career: Master at Arms
Difference (net income minus
Entertainment Yearly Cost
Career Name:Master at Arms
Yearly Income: 35.000$
Some Americans are supporting switching to a flat income tax rate of 15%. How much would
you pay under this plan?
(Your Income) X 15% (or .15) = 5250
Calculator Tip: To multiply by a percentage, y
what it is and how it
Level of Risk
or time? Easy to
start or stop
Potential Career Paths
Option 1: Mass Communication
Career Category: Arts
Option 2: Master At Arms
Job description (including
They travel around the world and g
Tax Debate Worksheet
Career Name: Computer Programmer Yearly Income: $70,000
Some Americans are supporting switching to a flat income tax rate of 15%. How
much would you pay under this plan?
(Your Income) X 15% (or .15) = $10,500