Wednesday, August 31, 2011

Exchange--Chapter One Assignment

Ch 1, p. 15~view the following videos and read the article. Answer the questions and turn in via email or written on paper.

Barter
http://www.time.com/time/video/player/0,32068,33573499001_1918950,00.html

http://www.cbsnews.com/video/watch/?id=4667537n


Link1. What is bartering?
2. Why is it being used again?
3. Decide if you think bartering is a good alternative. Explain.
4. Decide if bartering should be taxed. Explain.

Money
read the following article
Workers unite make saving money a priority
1. How are Americans feeling about the economy?
2. What is happening to savings rates as a result?
3. What is disposable income?
4. According to the article, how much should people save?


Credit
http://www.youtube.com/watch?v=7U6pmkTC8i0&feature=related

http://www.youtube.com/watch?v=Vz05A6cP6Iw&NR=1

1. How can a college student pay for those things they want while in college-instead of using a credit card?
2. Finish this sentence-"If you live as a professional in college, ...."
3. What impact does making minimum payments only have on reducing your credit card debt?
4. In the example, how long did it take for the consumer to pay off their credit card debt?