# Chapter 1 Money moves around lesson 4

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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 18 slides, met interactieve quizzen en tekstslides.

## Onderdelen in deze les

#### Slide 1 -Tekstslide

Remember last week?

#### Slide 3 -Tekstslide

You get € 4.50 a week. How much money do you get each quarter?
A
€ 72
B
€ 54
C
€ 58.50
D
€ 60.75

#### Slide 4 -Quizvraag

Yearly you get € 150 interest on your bankaccount. Convert this to a weekly amount.
A
€ 2.88
B
€ 3
C
€ 0.41
D
€ 2.92

#### Slide 5 -Quizvraag

Monthly you get € 60 clothing money. Calculate how much you receive per week.
A
€13.55
B
€ 13.85
C
€ 14
D
€ 15

#### Slide 6 -Quizvraag

A washing machine is an example of?
A
Fixed expenses
B
Flexible expenses
C
Discretionay expenses

#### Slide 7 -Quizvraag

Groceries are an example of?
A
Fixed expenses
B
Flexible expenses
C
Discretionary expenses

#### Slide 8 -Quizvraag

Interest is an example of?
A
Income from labour
B
Income from assets
C
Transfer income

#### Slide 9 -Quizvraag

Today's lesson
• work on practice test
• prepare for next week's test

#### Slide 10 -Tekstslide

Assignment 23
Use the example in the formula block.

M = PxX + PyY

M = budget
Px(y) = price of product x (y)
X (Y) = quantity of product X (Y)

#### Slide 11 -Tekstslide

Assignment 24
Calculation of a percentage change

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

#### Slide 12 -Tekstslide

Assignment 25
What formula can we use to calculate assignment a?

#### Slide 13 -Tekstslide

Assignment 26
What's the definition of a model? See page 14.

#### Slide 14 -Tekstslide

Are there any other questions?

#### Slide 15 -Tekstslide

How to draw a budget line?
• Write down the budget function for two products
• Calculate y, when x = o, with the quantity of x on the x-axis and the quantity of y on the y-axis.
• Draw in the quantities you calculated in step 2 on both axes.
• Draw a straight line between these points.

#### Slide 16 -Tekstslide

Assignment 27 a, c and 28 b

#### Slide 17 -Tekstslide

Assignment 29
Consider figure 4.
What happens in each situation?