Standards for When Graphs Mislead Us – Analyzing GDP

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National Standards in Economics

Name: Economic Fluctuations

Standard: 18

  • Students will understand that: Fluctuations in a nation's overall levels of income, employment, and prices are determined by the interaction of spending and production decisions made by all households, firms, government agencies, and others in the economy. Recessions occur when overall levels of income and employment decline.
  • Students will be able to use this knowledge to: Interpret media reports about current economic conditions and explain how these conditions can influence decisions made by consumers, producers, and government policy makers.

State Standards

Common Core State Standards

Name: HSN-Q.A

Standard: High School: Number and Quantity

Area: High School: Number and Quantity

  • Reason quantitatively and use units to solve problems.