Economics – 5/18/15

I.  Bellwork: Q&A

Page 282-283

• Create a Circle Map – Attempts to Reduce the Debt & Deficit ( Examples > 5)
• Explain if any of these attempts have been successful.

II.  Objective:

• Review and discuss the issues involving government expenditures and the budget.
• Determine the central ideas or information and provide an accurate summary that makes clear the relationships among the key details and ideas.

III. Chapter 9 & 10 Test Wednesday

  A.  Test Review – Chapter 9 & 10 Test Combined from iLearn Questions

• Review iLearn quizzes for Chapter 9 & 10
• Chapter 9 Topics Review Notes
• Chapter 10 Review Sheet
• Your Chapter 9 & 10 Notes

   IV.  Classwork

 

A.  Questions & Answers

 

1. Using the four different income levels below, demonstrate a progressive, proportional and regressive tax.  Provide percentages, amounts, and explanations.

• $10,000
• $25,000
• $50,000
• $100,000

2. Explain which principle taxation ( Benefit or Ability to Pay) you believe is the best.  Explain your claim using examples.

B.   Learning-Targets-Chapter 9 & 10

 

Economics W2015