Daily Archives: March 4, 2020

Mar 04

AP Macro – 3/05/2020

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I.  Bellwork

Assume that the loanable funds market in Country X is currently in equilibrium.

  1. Draw a correctly labeled graph of the loanable funds market for Country X, and label the equilibrium interest rate as r* and the quantity of funds as QF*.
  2. Assume that the government of Country X, which had a balanced budget, now increases its spending while holding taxes constant. Assume that the government funds the increase in spending with increased borrowing.
    1. What will be the impact of this policy action on the government’s budget balance?
    2. On your graph in part (a), show the impact of this policy action on the interest rate and quantity of funds.
  3. Given your answer in part (b) (ii), how will private-sector interest-sensitive expenditures be affected?
  4. Given your answer in part (c), what will be the impact on the long-run growth rate of the economy? Explain.

II Objectives

  • Determine the fiscal policy consistent with counteracting recessionary and inflationary gaps
  • Identify how the Federal Reserve uses monetary policy as a means to achieve macroeconomic goals
  • Analyze various monetary policies used by the Fed and their impact on the money supply.

III.  Classwork

  • iLearn: 5.4 Government Deficits and Debt
  • AP Classroom: Government Deficits and Debt
Mar 04

Government – 3/05/2020

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I. Bellwork Questions & Answers

 A. On ILearn – Marbury v Madison (Judicial Review)

  1. What wasMarbury seeking?  Pg1
  2. Explain why the Judiciary Act of 1789 used by Marbury was ruled unconstitutional? Pg 2
  3. What must the Supreme court do when an act of Congress conflicts with the Constitution?
  4. What are the three principles of judicial review?
  5. What is the lasting impact of this case?

(NOTE:  The information you gathered to answer the questions will help you do the Judicial review section of your foldable)

II.Objectives:

  • Define the six basic principles around  which the Constitution is built.
  • Read the Constitution and identify where  in the document the basic principles are reflected
  • Using secondary source documents students will explore the creation of judicial review and its importance

III. Classwork
A. Project due Friday –  See Rubric & Instructions on Google Classroom

Foldable  Siix Basic Constitution Principles

Work on it in class 

  • Define Each Principle
  • Excerpt(s) from the Constitution which pertains to the principle being examined
  • Use Articles I-VII of the Constitution to find examples/excerpts  
  • An illustration/symbol for each principle
  • Proper Spelling 
  • Proper formatting/Eye Appealing

Mar 04

AP Macro – 3/04/2020

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I.  Bellwork

Assume that the loanable funds market in Country X is currently in equilibrium.

  1. Draw a correctly labeled graph of the loanable funds market for Country X, and label the equilibrium interest rate as r* and the quantity of funds as QF*.
  2. Assume that the government of Country X, which had a balanced budget, now increases its spending while holding taxes constant. Assume that the government funds the increase in spending with increased borrowing.
    1. What will be the impact of this policy action on the government’s budget balance?
    2. On your graph in part (a), show the impact of this policy action on the interest rate and quantity of funds.
  3. Given your answer in part (b) (ii), how will private-sector interest-sensitive expenditures be affected?
  4. Given your answer in part (c), what will be the impact on the long-run growth rate of the economy? Explain.

II Objectives

  • Discuss short and long run implications of monetary policy
  • Interpret and Construct economic models to demonstrate monetary policy impact on interest rates and price levels in the short and long run

III.  Review

Fiscal & Monetary Policy – Macro Topic 5.1

IV.  Classwork

  • iLearn:  Macro Topic 5.1- Fiscal and Monetary Policy in SR
  • AP Classroom Questions:  Fiscal Monetary in the Short Run 

V. Exam Tuesday

Mar 04

Government – 3/04/2020

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I. Bellwork

  1.  What problem are both these quotations addressing?
  2.  Define despotism.
  3.  Which do you agree with and why?

II. Objectives:

  • Identify the problem facing the Framers, as expressed from different viewpoints in two primary source quotes
  • Define the six basic principles around  which the Constitution is built.
  • Read the Constitution and identify where  in the document the basic principles are reflected.

III. Discussion::  PPT 3.1 on iLearn

NOTEBOOK WORK:  Thinking Map: List and describe each of the six main principles on which the Constitution is based Slides 8-16 on PowerPoint 3.1

Watch:  Six Principles of the US constitution

IV. Classwork: 
On iLearn 3.1 Core Worksheet – Use the Constitution link below to complete it.  Do not go past Article VII when looking for answers.

https://constitutionus.com/

V. Project Due Friday – See Google Classroom Instructions

  • Work on it in class Thursday & Friday