Summarize the article below in 6-8 sentences. https://www.newsweek.com/trump-tax-cuts-deficit-debt-22-trillion-1331623 Objectives Describe how the Federal Reserve implements monetary policy moving the interest rate to affect aggregate output Explain why monetary policy is the main tool for stabilizing the economy I.  Monetary Policy and the Interest Rate – Pages 304-310 II. Monetary Policy and Aggregate Demand A. Expansionary […]

I.  Bellwork:  WS 30.3 Q&A II Objectives: Explain why governments calculate the cyclically adjusted budget balance Identify problems posed by a large public debt Discuss why implicit liabilities of the government are also a cause for concern III Discussion Pages 293-302 A.  The Budget Balance The Budget Balance as a Measure of Fiscal Policy SGovernment […]

I.  Bellwork FRQ – Question 15 minutes II.  Objectives Apply understanding of economic goals and the means used to achieve them III.  Final Exam iLearn MC

I.  Bellwork Page 144 MC 1-5 Page 145 FRQ #2 A-C II.  Objectives: Explain what a price index is and how it is calculated Calculate the inflation rate using the values of a price index Describe the importance of the consumer price index and other price indexes III. The Measurements and Calculations of Inflation Pgs. […]

I.  Bellwork: Why the Fed Worries Inflation Is too Low A.  Based upon the article: Summarize what the Fed is planning to do. Explain the methods they will employ. Explain the reason the Fed believes this action is necessary. What did you learn about inflation from this article? II.  Objective Calculate the rate of inflation […]

I.  Bellwork A.   Which of the two measures listed below do you believe is the best for determining unemployment?  Explain II.Objectives Calculate the unemployment rate by interpreting and analyzing numerical data. Analyze various scenarios to Identify the type of unemployment involved. III.  Classwork 2.2 Unemployment Practice Module 12 & 13 Questions

I.  Bellwork:  Please, can someone brief the president on the unemployment rate?  What statement did President Trump make about unemployment?  Explain what the problem is with this statement. II.  Objectives Explain the 3 different types of unemployment and their causes Identify the factors that determine the natural rate of employment III.  Cause and Categories of […]

I.  Bellwork Page 120 FRQ #2 – Show work II.  Objectives Explain how unemployment is measured discuss and analyze the unemployment rate, it’s criteria, and it’s  significance based upon interpretation of maps, statistics data, and  multimedia resources. Interpret and analyze numerical data and form decisions III.  Measuring and Calculating Unemployment pgs. 121-127 A.  The Unemployment […]

I.  Bellwork Kahoot – What is GDP? II.  Objectives Differentiate between real and nominal GDP Explain why real GDP is the appropriate measure of real economic activity III.  Discussion:  Interpreting Real GDP Pgs115-119 A.  What GDP Tells Us B.  Real GDP: A Measure of Aggregate Output Calculating Real GDP REAL GDP REAL vs. Nominal GDP […]

I.  Bellwork Explain the message of this cartoon? What is your opinion of the cartoon?   II.   Objectives: Explain how economists use aggregate measures to track the performance of the economy Interpret the circular flow diagram of the economy Define and calculate GDP III.  Discussion/Notes A.  The Circular – Flow Model The Simple Circular Flow […]