3E Economics par. 1.6

• Economie
• Middelbare school
• vwo
• Leerjaar 3

4b
An insurance company produces a ....

1. good
2. service

4c
A car manufacturer produces a .....

1. good
2. service

Answers

4a: service, b: service, c: good, d: good, e: service, f: good

5: the food itself is a good, but the preparation of the food and the atmosphere are a service

6a: no production factors are needed

6c: if the air has to be cleaned first, because of pollution

scarce, rare

scarce, not rare

not scarce, rare

not scarce, not rare

bread

solar eclipse

downpour

Rob's salary increased from € 1.500 to € 1.800. Jeroen's salary from € 3.600 to € 4.000. 

Which salary increased more?

Calculating percentual changes

New - Old           

-------------- x 100%

Old           

Hint: what comes after ''than'' is old 

Rob's salary increased from € 1.500 to € 1.800. Jeroen's salary from € 3.600 to € 4.000. Which salary increased more percentage wise?

1. Rob
2. Jeroen

Calculations

Rob: ( 1800 - 1500) / 1500 x 100 = 20,0%

Jeroen: ( 4000 - 3600) / 3600 x 100 = 11,1%

Rob € 1800,-. Jeroen € 4000,-.
How much does Rob earn less than Jeroen?

1. 122,2%
2. 55%

Calculations

than Jeroen, so Jeroen is old

 ( 1800 - 4000) / 4000 x 100 = - 55,0%

Or

Difference is 2200, compare to Jeroen

2200 / 4000 x 100 = 55,0%

Population The Netherlands 17 mil, unemployed 1 mil.

Population Luxemburg 2 mil, unemployed 0,25 mil.

Which country has higher unemployment?

Percentage of a total

Amount          

------------- x 100

Total amount          

Pop. Ned 17 mil, unemployed 1 mil.
Pop. Lux 2 mil, unemployed 0,25 mil.
Which country has higher unemployment percentage wise?

1. Ned
2. Lux

Percentage of a total

Amount          

------------- x 100

Total amount          

Ned: 1 / 17 x 100 = 5,9%

Lux: 0,25 / 2 x 100 = 12,5%

Percentual stories

What is 100%?

If you read that something has increased by 5%, the new number is the same as 105%

If you read that something has decreased by 20%, the new number is the same as 80%

The turnover of company THFC increased by 10% in 2019 and is 250 mil. in 2019. What was it in 2018?

1. 225 million
2. 227 million

Percentual stories

What is 100%?

250 million = 110%

250                        

------- x 100 = 227,3 million

110                       

Hw.

Par. 1.1: Assignment 14

Par. 1.6: Assignments 1 and 5

Assignments form the paragraphs:

Par. 1.1 assignments 2, 3, 7, 8, 9, 11, 12, 13, 15, 16, 17, 18

Par. 1.6 assignments 2, 3, 4, 6