I.  Bellwork: Q&A Identify each as being included or not included in the GDP of the United States.. 1. car built in Michigan and shipped to Brazil 2. A car made by Ford in Mexico 3. TV made in China 4. Buying lunch at Fordson 5. A Toyota made in Tennessee 6. A partially completed […]

I.  Bellwork: Describe at least two ways(examples) you can determine if the economy is doing well and growing. II. Objective Discuss and explain why and how economic growth is measured using GDP Determine the meaning of words and phrases as they are used in the text through discussion and construction of thinking maps related to […]

I.  Bellwork MLA Heading on separate sheet of paper. Heading: Chapters 9 & 10 Test II. Objectives Develop, share, and write a learning goal plan for class focusing on a course of action to attain the goal through the use of self reflection, thinking maps, and group discussion. Demonstrate and apply an understanding of the […]

I.  Bellwork Explain crowding – out and provide an example. Which do you believe would have a larger impact combating  a recession:  increasing government  spending or lowering taxes?  Explain Which do you believe would have a larger impact towards lowering inflation:  decreasing  government  spending or increasing  taxes?  Explain II.  Objective: Examine the importance of entrepreneurs […]

I.  Bellwork: Q&A Federal Budget Secondary Source  What is the author’s claim/main point? What evidence does he provide? Cite specific examples What are the two reasons he provides? 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 […]

I.  Bellwork:  A.  Construct a formula using <,=, or > which demonstrates what needs to happen to cause each of the following: Surplus Deficit Balanced Budget B.  Explain the difference between the deficit and the debt. II.  Objective: Demonstrate and apply an understanding of the various aspects of fiscal policy (spending and taxation) and its […]

I.  Bellwork: Q&A List 3 examples of mandatory expenditures List 3 examples of discretionary expenditures II.  Objective Distinguish between a surplus, a deficit, the national deficit, and national debt Examine the impact of deficits, surpluses, and the national debt on the private sector. Integrate information from diverse sources into a coherent understanding of the budget […]

I.  Bellwork: A.  More Bridges to Nowhere Explain the author’s claim/main point? Explain the evidence the author uses to support claim. What is the author comparing to a bridge to nowhere? II.  Objective: Discuss, identify, and analyze the ways in which federal, state, and local governments spend revenue for public services and social welfare. Determine […]

I. Bellwork: Q&A What are the key symbols in the cartoon? Explain what is happening in the cartoon. Explain the main point this cartoon is attempting to communicate? II.  Objective: Demonstrate understanding of  visual information by restating, paraphrasing, summarizing, critiquing, or composing a personal response. Analyze the ways in which governments generate revenue on consumption, […]

I. Bellwork: A.)  Questions & Answers Page 242 Economic Analysis Page 244 Economic Analysis II.  Objective: Given various scenarios distinguish between progressive, regressive, and proportional taxes Cite specific textual evidence to support analysis of primary and secondary sources Analyze and discuss the merits of various methods in which governments generate revenue on consumption, income and […]