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QR Challenge: ROLE OF GOVERNMENT IN THE ECONOMY

Created using the ClassTools QR Treasure Hunt Generator

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Teacher Notes

A. Prior to the lesson:

1. Arrange students into groups. Each group needs at least ONE person who has a mobile device.

2. If their phone camera doesn't automatically detect and decode QR codes, ask students to

3. Print out the QR codes.

4. Cut them out and place them around your class / school.

B. The lesson:

1. Give each group a clipboard and a piece of paper so they can write down the decoded questions and their answers to them.

2. Explain to the students that the codes are hidden around the school. Each team will get ONE point for each question they correctly decode and copy down onto their sheet, and a further TWO points if they can then provide the correct answer and write this down underneath the question.

3. Away they go! The winner is the first team to return with the most correct answers in the time available. This could be within a lesson, or during a lunchbreak, or even over several days!

C. TIPS / OTHER IDEAS

4. A detailed case study in how to set up a successful QR Scavenger Hunt using this tool can be found here.

Questions / Answers (teacher reference)

Question

Answer

1. Define full employmentmost people willing and able to work are currently working
2. Give 1 reason why a government seeks price stabilitygreater economic certainty
3. What is fiscal policy?manipulation of G and T to influence AD
4. What type of monetary policy can be used during inflation?deflationary MP
5. What is the effect of supply-side policy on Aggregate Supply?increase
6. A government gives tax incentives to producers. What kind of policy is this?supply-side
7. What is inflationary monetary policy?raise money supply, decrease interest rate
8. What is inflationary fiscal policy?raise govt exp, decrease tax
9. Give 1 reason why a government redistributes income?close income gap, enhance standard of living of the poor
10. Why does the government act as an employer?operate state owned enterprises
11. Formulate the unemployment rate.number unemployed/labour force times 100
12. What is a merit good?one having high external benefits
13. Give an example of a macroeconomic concern/issue.inflation, unemployment
14. What is price stability?low and stable inflation
15. What is the name of the policy which raises market efficiency?supply-side policies
16. What is BOP stability?match import expenditure with export revenue
17. What is a budget?govt plan of expenditure and revenue
18. Define income redistribution.taking money from rich and giving to poor
19. What is a budget surplus?govt revenue from tax > govt expenditure
20. Give one way of raising money supply.printing money

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Define_full_employment

Question 1 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Give_1_reason_why_a_government_seeks_price_stability

Question 2 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_fiscal_policy?

Question 3 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_type_of_monetary_policy_can_be_used_during_inflation?

Question 4 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_effect_of_supply-side_policy_on_Aggregate_Supply?

Question 5 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=A_government_gives_tax_incentives_to_producers._What_kind_of_policy_is_this?

Question 6 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_inflationary_monetary_policy?

Question 7 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_inflationary_fiscal_policy?

Question 8 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Give_1_reason_why_a_government_redistributes_income?

Question 9 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Why_does_the_government_act_as_an_employer?

Question 10 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Formulate_the_unemployment_rate.

Question 11 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_a_merit_good?

Question 12 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Give_an_example_of_a_macroeconomic_concern/issue.

Question 13 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_price_stability?

Question 14 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_the_name_of_the_policy_which_raises_market_efficiency?

Question 15 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_BOP_stability?

Question 16 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_a_budget?

Question 17 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Define_income_redistribution.

Question 18 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=What_is_a_budget_surplus?

Question 19 (of 20)

 


ROLE OF GOVERNMENT IN THE ECONOMY : QR Challenge

https://www.classtools.net/QR/decode.php?text=Give_one_way_of_raising_money_supply.

Question 20 (of 20)