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LESSON: BUNNY MONEY
Lesson Summary
Max and
Ruby save birthday money to buy presents for their grandmother. However,
they spend so much money on emergencies along the way they barely have
enough left for gifts.
Concept: Money
Definition: Money is anything widely
accepted as final payment for goods and services.
Comprehension Questions
Explain
how Max and Ruby could get a birthday present for grandma.
They could save their money.
List
all the ways Max and Ruby spent their money.
Bus fare, oozing
cheery vampire teeth, soap, washer, dryer, peanut butter and jelly
sandwich, coconut cupcakes, banana shake, bluebird earrings,
glow-in-the-dark vampire teeth, telephone call.
Give
examples of goods and services.
Goods - music box, vampire
teeth, sandwich, cupcakes, shake, earrings;
Services - riding the bus,
using the laundromat.
Explain
Ruby's comment, "Money is running through our fingers, Max."
They
were spending all their money too quickly.
Explain
why they could not buy the music box.
The music box cost $100;
they only had $5 left.
Explain
how Max and Ruby could have had more money to spend on the gift.
They could have saved their money instead of spending it on all the
other goods.
Identify all the different units of money
they saved and spent. One-dollar bill, five-dollar bill,
quarter.
Other Concepts: Scarcity (of
income), Economic
Wants | 
