# Chapter 1 Money moves around lesson 5 for 3thp

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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 21 slides, met interactieve quizzen en tekstslides.

## Onderdelen in deze les

#### Slide 1 -Tekstslide

What are we going to do today?
• Remember last week?
• Let's have a look at todays homework
• Learning goals
• Theory section 1.3 second part
• Let's do some calculating
• Work on the assignments
• Did we meet our learning goals?

#### Slide 2 -Tekstslide

Swapping (trading) goods and services without the use of money is called.
A
Indirect exchange
B

#### Slide 3 -Quizvraag

Money has three functions. When we use it to represent the value of a product it is?
A
exchange
B
unit of account
C
store of value

#### Slide 4 -Quizvraag

Which answer is not a technical requirement for a medium of exchange?
A
it has to be portable
B
it has to be divisable
C
it has to be perishable
D
it has to be hard to produce

#### Slide 5 -Quizvraag

Money in the form of banknotes and coins is called?
A
chartal money
B
checkable money
C
intrinsic money
D
extrinsic money

#### Slide 6 -Quizvraag

The value of what money is made of (paper or metal) is called?
A
extrinsic value
B
intrinsic value

#### Slide 8 -Tekstslide

Learning goals

• You can explain the concept of purchasing power
• You can explain the concept of inflation
• You can calculate a percentage change
• You can calculate the purchasing power index number

#### Slide 11 -Tekstslide

Why was everthing so cheap in the old days?

#### Slide 13 -Tekstslide

Calculation percentage change
To calculate a percentage change, use the
following formula:

(new value - old value) : old value x 100

This year a frikandelbroodje costs € 0,89. A year ago it was
€ 0,79. Calculate the percentage change.

#### Slide 14 -Tekstslide

Take the next 10 minutes to work on assignment 40, 41, 42 and 43

#### Slide 18 -Tekstslide

Continue working on your homework for next week.
Finish section 4.3 (so up and including assignment 46.

Finish early?
Need more practise? Have a look at the revision assignments.
Problems with calculations? Do some math assignments.
Need more challanges? Go to the in-depth assignment.

#### Slide 19 -Tekstslide

Remember our learning goals?
• You can explain the concept of purchasing power
• You can explain the concept of inflation
• You can calculate a percentage change
• You can calculate the purchasing power index number