Economics – 5/14/14

I. Bellwork:

A. Page 287 #37 Questions & Answers

B. Explain in detail the negative impact crowding-out has on the economy. What occurs when it is difficult for private businesses and citizens to obtain financing? – 1 paragraph

II. Objective:

Apply understanding of the concepts and applications of governmental revenue generation and expenditures.
Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence

III. Federal Budget Simulation (15 summative points) Due Monday -Submit on iLearn

IV. Chapter 9 & 10 Test