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 […]

I.  Bellwork: Q&A Page 231 Economic Analysis Page 235 Economic Analysis II.  Objective: Analyze and evaluate the methods in which the government generates revenue. Identify and classify the taxes as progressive, regressive, and proportional according to the methods implemented to generate revenue. III.  Discussion/Notes: Progressive, Regressive, and Proportional Taxes Interactive– Types of Taxes Review Quiz […]

I.  Bellwork: Q&A- List 6 Government Regulatory Agencies and their functions (See Section  7-3) II. Objectives: Determine the meaning of words and phrases as they are used in a text. Identify and Explain: Impact of taxes on the economy Criteria for Effective taxes Principles of Effective taxes Three categories of taxes III.  Section 7.2 & […]

I.  Bellwork  Q&A If a new bridge to Canada is built: Provide and explain an example of a negative externality. Provide and explain an example of a positive externality. II. Objective Identify the purpose of legislation which constrains the functions of  business structures. Examine the role of the government  and legislation in correcting market failures. […]