I.  Bellwork: A.) Claim Statement: Which type of tax (progressive, proportional, or regressive) do you believe is the most equitable way for the government to raise money? Provide support for your claim. B.)  Questions & Answers Page 242 Economic Analysis Page 244 Economic Analysis II.  Objective: Distinguish between the ways in which local, state, and federal governments […]

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. Integrate and evaluate multiple sources of information in order to address how […]

I  Bellwork: Four Square II.  Objective: Determine the central ideas or information; provide an accurate summary that makes clear the relationships among the key details and ideas. Examine and discuss the fundamental principles associated with taxation. III.  Chapter 7 iLearn Quiz closes tomorrow @ midnight IV. Discussion/Notes: A.  Review:  Taxes Video B.  The Economics of Taxation Pages […]

I.  Bellwork: A.  Claim Statement Q&A Do you believe that government regulation and agencies are necessary? Explain and cite examples. Present the counterclaim to your statement. Explain and cite examples. II.  Objective: Discuss and provide analysis of the societal impact externalities and market failures (tragedy of the commons) while also exploring possible methods to resolve […]

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 and explain the role of the government  and legislation in correcting […]

I.  Bellwork Provide an example of a positive externality  and explain how it impacts the 3rd party positively. Provide an example of a negative externality  and explain how it impacts the 3rd party negatively. II.  Objective: Describe externalities, distinguish between positive and negative externalities, and identify methods used to discourage negative externalities and encourage positive […]

I.  Bellwork Q&A   What is happening in the picture? (Not a fire.) Who is impacted? How are they impacted? Why do you believe this is being allowed? II.  Objective: Identify common circumstances related to market failures and the impact externalities have on society. Evaluate various explanations for actions or events and determine which explanation […]

I.  Bellwork: Q&A MLA Heading on separate sheet of paper. Heading: Chapter 6 Test  II.  Objective: Chapter 6 Assessment:  Analyze and interpret how prices change through the interaction of buyers and sellers in the market and the impact of price controls Write arguments to support claims in an analysis of substantive topics or texts, using valid […]

I.  Bellwork: Q&A Page 165  #23 a-d II.  Objectives: Analyze and provide examples of how price controls are practiced and their impact. Identify the impact resulting from changes in Demand and Supply on equilibrium Price and Quantity Integrate and evaluate various graphic models in order to address a question or solve a problem. III.  Classwork […]

I.  Bellwork: Question & Answers A.  Graph an example of a Price Floor 1. Who benefits from it? 2. What does it create (shortage/surplus)? 3. Provide an example. B.  Graph an example of a Price Ceiling. 1. Who benefits from it? 2. What does it create (shortage/surplus)? 3. Provide an example II.  Objectives: • Analyze […]