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What\'s Up With Gas Prices? 05/05/08
Source: FTE | Type: discussion guide
FTE hot topics are single class period discussion guides including a student reading handout, discussion questions, and suggested answers. When the cost of filling a gas tank is at an historical high, and prices are rising daily, who's the villain in the sinister plot to make summer vacations more expensive?
Grades:
Concepts:
- Equilibrium Price
- Money Management
- Non-price Determinants
- Prices of Inputs
Standards:
- Economics 1: Scarcity
- Economics 3: Allocation of Goods and Services
- Economics 7: Markets - Price and Quantity Determination
- Economics 8: Role of Price in Market System
- Economics 9: Role of Competition
- Personal Finance 3: Money management
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