TODAY'S AGENDA: We are learning purchasing power and what increases/ decreases it.
1) Read about the characters below and answer the question.
2) Move the images below under the right category.
3) Complete pages 50, 51, 52, 53, 54, and 55.
2.4 PURCHASING POWER: Pages 50 - 55
Purchasing Power is how able someone is to buy what they want when they want. Someone who makes $15 an hour and has few fixed expenses (rent, car insurance, montly bus pass, etc.) has a greater purchasing power than someone who makes $7 an hour and has to pay rent.
Who do you think has a greater purchasing power?
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Hi, I am Pablo. I bring home $1500 biweekly. I spend $1000 on my expenses every two weeks.
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My name is Vanessa. My net pay for two weeks is $1600. I spend $900 every two weeks on my expenses.
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