I. Bellwork: List 3 limitations of GDP and provide an example for each. P. 322-323 II. Objective: Examine factors that contribute to income inequality and programs that have been implemented to reduce poverty. Integrate and evaluate multiple sources of information presented in diverse formats and media in order to address a question or solve a […]

I.  Bellwork: Q&A Identify each as being included or not included in the GDP of the United States. A car built in Michigan and shipped to Brazil A car made by Ford in Mexico TV made in China Buying lunch at Fordson A Toyota made in Tennessee A partially completed house A freeway II. Objective […]

I.  Bellwork: Q&A Page 287 #37 Q&A II. Objective Explain how economic growth is measured using GDP and GNP Determine the meaning of words and phrases as they are used in a text. III.  Chapter 9 & 10 Retake: Wednesday after school Bring a paragraph per section (5) – 9.1, 9.2, 10.1, 10.2, 10.3 IV. […]

I.  Bellwork: A.  If you were in control of U.S. fiscal policy (taxes and spending), how would you attempt to eliminate the deficit and reduce the debt?  Explain in detail the taxes and programs involved in your solution  – 1 paragraph b.  Explain in detail the negative impact crowding-out has on the economy.  What occurs […]

I.  Bellwork: Q&A List 2 examples of mandatory expenditures List 2 examples of discretionary expenditures Page 279 Economic Analysis Page 282 Economic Analysis II.  Objective: Examine the issues surrounding taxation, spending, and the budget crisis. Evaluate various explanations for actions or events and determine which explanation best accords with textual evidence III.  10.1 & 10.2 […]

I.  Bellwork: Q&A Page 263- Reading Check Q&A Page 265- Reading Check Q&A II.  Objective: Distinguish between a surplus, a deficit, the national deficit, and national debt Examine the impact of deficits, surpluses, and the national debt. Integrate information from diverse sources into a coherent understanding of an idea or event III.  10.1 & 10.2 […]

I.  Bellwork: A.  More Bridges to Nowhere Q&A What is the article comparing to a bridge to nowhere? What pork spending add-ons are being identified? Summarize the general message and  the tone of the article. (3-4 sentences) II. Objective: Demonstrate understanding of written, spoken, or visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response. […]

I.  Bellwork – Copy & Solve         II.  Objective: Analyze the ways in which governments generate revenue on consumption, income and wealth and use that revenue for public services and social welfare.  Integrate information from diverse sources, both primary and secondary, into a coherent understanding of an idea or event III. Videos: […]

I.  Bellwork: ARIZONA PROPOSES MEDICARE FAT FEE – WSJ.COM Summarize Arizona’s Proposed tax and why they deem it necessary. What principle of taxation does this tax involve? Based upon the criteria for effective taxes (p. 232), do you believe the tax will be effective? Why? II.  Objective: Given various scenarios distinguish between progressive, regressive, and proportional […]

I.  Bellwork: Q&A Page 242 Economic Analysis Page 244 Economic Analysis II.  Objective: Distinguish between the ways in which local, state, and federal governments generate revenue. Determine the meaning of words and phrases as they are used in a text III.   Discussion & Notebook Work: Federal Revenue Sources  (Pie Chart) State & Local Revenue Sources […]