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ACT
Based off of the hit television show NUMB3RS, this lesson simulates a closed market in which goods are bought/sold for money. After the five minute activity, students calculate the amount of money dispersion, and based off of this information, students then calculate the velocity of circulation. The lesson concludes with questions concerning a given equation, such as what happens when a government introduces more money to an economy.
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CCSS:
Adaptable
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Classroom Considerations
- Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)