AP Economics – 4/17/19
I. Bellwork
- Page 216 MC 1-5 & Page 217 FRQ #2a-c
II. Objectives
- Analyze and create economic models which require the use of fiscal policy to adjust recessionary and inflationary gaps.
- Determine the short run and long run impact of fiscal policy
- Review for exam
III. Section 4 Exam Tomorrow Modules 16-21
IV. Have your notebook prepared
V. Classwork
Macro 3.3- Long Run Aggregate Supply, Recession, and Inflation (LRAS)
Worksheet 21.3: Discretionary or Not?
3.6- Fiscal Policy and the Multiplier Questions 4-11 & 13
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