{"id":414,"date":"2018-06-26T04:06:49","date_gmt":"2018-06-26T04:06:49","guid":{"rendered":"http:\/\/blogs.vsb.bc.ca\/tquan\/?page_id=414"},"modified":"2022-02-17T18:48:24","modified_gmt":"2022-02-17T18:48:24","slug":"chapter-two-videos","status":"publish","type":"page","link":"https:\/\/blogs.vsb.bc.ca\/tquan\/economics-12\/video-links\/chapter-two-videos\/","title":{"rendered":"Chapter Two Videos"},"content":{"rendered":"<ul>\n<li><strong>Circular Flow Model of a Market Economy<\/strong><\/li>\n<\/ul>\n<p><iframe title=\"The Circular Flow Model of a Market Economy\" width=\"584\" height=\"329\" src=\"https:\/\/www.youtube.com\/embed\/_PKH2wtDT3E?start=4&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>Click on the link:\u00a0<a href=\"https:\/\/www.youtube.com\/watch?v=Hfz1bwK5C4o\">Circular flow of income and expenditures | Macroeconomics | Khan Academy<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li><strong>Machine delivered to SA without instructions&#8212;<\/strong><em><strong>Watch the following video\u00a0of the workers filling in the digger\u2019s bucket. What would happen if the workers figured out how to work it properly? There is no increase in the maximum production, but the output can move towards the maximum production level.<\/strong><\/em><\/li>\n<\/ul>\n<div style=\"width: 480px;\" class=\"wp-video\"><!--[if lt IE 9]><script>document.createElement('video');<\/script><![endif]-->\n<video class=\"wp-video-shortcode\" id=\"video-414-1\" width=\"480\" height=\"360\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"http:\/\/blogs.vsb.bc.ca\/tquan\/files\/2018\/06\/CH02-Machine-delivered-to-SA-without-instructions.mp4?_=1\" \/><a href=\"http:\/\/blogs.vsb.bc.ca\/tquan\/files\/2018\/06\/CH02-Machine-delivered-to-SA-without-instructions.mp4\">http:\/\/blogs.vsb.bc.ca\/tquan\/files\/2018\/06\/CH02-Machine-delivered-to-SA-without-instructions.mp4<\/a><\/video><\/div>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?time_continue=1&amp;v=2GJvgJrW7O8\">&#8216;Limitless&#8221; &#8211; Production Possibilities :\u00a0<\/a><\/li>\n<\/ul>\n<div class=\"commentContainer\">\n<div class=\"commentSubject\">\n<div id=\"content_view\" class=\"wiki wikiPage\">\n<h3 id=\"toc18\"><em>In &#8220;Limitless&#8221; a new drug is developed that dramatically expands the ability of the mind to process information. Bradley Cooper takes the drug and writes an entire book in four days. He then discovers new mental powers. He can learn new languages, understand mathematics, and investing. The scene shows how improvements in technology can expand the production possibilities frontier even though labor and capital remain fixed. This is a useful scene to show when discussing how economic growth occurs.<\/em><\/h3>\n<h3><\/h3>\n<ul>\n<li><strong><strong><span style=\"background-color: #eeeeee;color: #504c48;font-family: 'Helvetica Neue',Helvetica,Roboto,Arial,sans-serif;font-size: 1.8rem\"><span class=\"j-title-breadcrumb\">Classroom Activity: Production Possibilities Quiz\u00a0<\/span><\/span><\/strong><\/strong><br \/>\n<h2><em><span class=\"j-title-breadcrumb\">Click here to take the quiz:\u00a0<\/span><span style=\"font-size: 1.1em\"><a class=\"wiki_link_ext\" href=\"http:\/\/www.slideshare.net\/DirkMateer\/classroom-activity-production-possibilities-quiz\" rel=\"nofollow\">Dirk Mateer &#8211; Production Possibilities Quiz<\/a><\/span><\/em><\/h2>\n<\/li>\n<li id=\"toc20\"><a href=\"https:\/\/youtu.be\/_7VHfuWV-Qg\">\u00a0<strong>Production possibilities frontier | Microeconomics | Khan Academy<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/youtu.be\/UYlBLw-ShIM\"><strong>Production Possibilities- EconMovies #3: Monsters Inc<\/strong><\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circular Flow Model of a Market Economy &nbsp; Click on the link:\u00a0Circular flow of income and expenditures | Macroeconomics | Khan Academy &nbsp; Machine delivered to SA without instructions&#8212;Watch the following video\u00a0of the workers filling in the digger\u2019s bucket. What &hellip; <a href=\"https:\/\/blogs.vsb.bc.ca\/tquan\/economics-12\/video-links\/chapter-two-videos\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":75,"featured_media":0,"parent":314,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-414","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/users\/75"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/comments?post=414"}],"version-history":[{"count":14,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/414\/revisions"}],"predecessor-version":[{"id":1095,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/414\/revisions\/1095"}],"up":[{"embeddable":true,"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/pages\/314"}],"wp:attachment":[{"href":"https:\/\/blogs.vsb.bc.ca\/tquan\/wp-json\/wp\/v2\/media?parent=414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}