Download Economics Scavenger Hunt - School District of Waupaca

Economics Scavenger Hunt:
Name:
Hour:
Please note/cite the website where you found each answer.
You can open a copy of this document at:
T Drive:\Staff Social Studies\Mr. Hiddemen\Intro to Social Studies\Economics
If you open a copy you can type your answers and paste the addresses of the Web Pages. When saving,
please save on your own Y: Drive.
1) What is the definition of Economics?
2) What is the average price of a gallon of milk in a grocery store?
3) What is the average price per hundredweight of milk that a farmer receives?
4) How much does the average farmer receive for a bushel of corn?
5) What does a pound of frozen corn cost in the grocery store?
6) What is the average price of a gallon of gas?
7) What is the average price of a barrel of crude oil?
8) What is the minimum wage in Wisconsin?
9) How many hours a week can you work if you are a high school student?
10) If you make minimum wage, what percentage of each hour’s pay goes to taxes?
11) What is the average yearly take home pay in Wisconsin? The United States? Mexico?
12) What is meant by the term Gross Domestic Product (GDP)?
13) What is the GDP of the United States? Mexico? Germany? Haiti? Any African Nation?
14) What is meant by “Dow Jones Industrial Average”? (Definition, not today’s number)
15) How much would you have to pay for a share of IBM? Apple? Oshkosh Truck?
16) What is a mutual fund? (Definition)
17) How much interest can you earn on a savings account?
18) What is the average interest you pay on a mortgage (home loan)?
19) What is the average interest rate you pay on a car loan?
20) What is the average interest rate you would pay on a college loan?
21) What is the unemployment rate for Wisconsin? The United States?
22) What is the cost of a gun deer hunting license in Wisconsin (Resident & Out of State)?
23) How much does it cost (tuition & room and board) to attend the
University of Wisconsin Stevens Point for one year?
24) What is the leading import of the United States?
25) What is the leading export of the United States?