Saturday, April 4, 2020

Week of April 6, 2020 Week 1 work due April 13, Class code for Google Classroom 67co3ss

Email me with you answers either through a google doc shared with me or
take a picture on your phone with the answers and email me at
mstanton@plymouth.k12.ma.us
Good luck and stay safe

I. Watch the Economics of the Coronavirus or Corona Cyrus
https://www.youtube.com/watch?v=of_Q51IUvQQ&t=79s

Hint:  watch with captions on
  CP1 Answer  5 of the following 7 questions
Honors answer 6 of the following 7 questions
 1. Why can't Clifford refer to the coronavirus directly, but calls it Corona Cyrus?
 2. Why did Clifford have to update his old video on the corona virus?  What bad advice did he give?
 3.  How is flattening the curve a scarcity issue?
 4. What behavior is causing a shortage of toilet paper (a giffen good) ?  Why doesn't hoarding make economic sense?
 5. Why will the multiplier effect cause a demand shock recession? What will be the wrecking ball?
6. What is the fiscal policy answer? What should happen to taxes and government spending?
7. Why has the Federal Reserve lowered interest rates? What  quantitative easing?


II  Watch Crash Course world history on disease
https://www.youtube.com/watch?v=1PLBmUVYYeg&t=1s

CP1  Answer 4 of 6 / Honors answer 5 of 6
  1. Why doesn't history focus as much as it should on the impact of disease?
  2. How are trade and disease closely related?
  3. What plague was the Beatles of all plagues?
  4.  How did the plague change feudal relationships?  Why did inflation occur?
  5. How did building codes change?
  6.  Identify and explain one change that you think might occur because of Covid-19.  This is your opinion


The Class Code for the Google Classroom is :   67co3ss

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