Economics – 12/10/18
I. Bellwork: Q&A
A. List 3 examples of mandatory expenditures
B. List 3 examples of discretionary expenditures
II. Objective
- Distinguish between a surplus, a deficit, the national deficit, and national debt
- Examine the impact of deficits, surpluses, and the national debt on the private sector.
- Integrate information from diverse sources into a coherent understanding of an idea or event
III. Section 10-3 Discuss Pages 277-282
- 10-3 Notes
- Debt Limit (An Analogy)
- Crowding Out (Understand the concept)
IV. Classwork
10-3 Guided Reading (Part II & Part III Q&A)
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