{"id":16916,"date":"2019-02-11T23:26:23","date_gmt":"2019-02-12T04:26:23","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/farhoud\/?p=16916"},"modified":"2019-02-13T09:32:27","modified_gmt":"2019-02-13T14:32:27","slug":"ap-economics-2-12-19-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2019\/02\/11\/ap-economics-2-12-19-2\/","title":{"rendered":"AP Economics &#8211; 2\/12\/19"},"content":{"rendered":"<p><b>I.\u00a0 Bellwork: \u00a0WS 30.3 Q&amp;A<\/b><\/p>\n<p><b>II Objectives:<\/b><\/p>\n<ul>\n<li><b><\/b><b>Explain why governments calculate the cyclically adjusted budget balance<\/b><\/li>\n<li><b><\/b><b>Identify problems posed by a large public debt<\/b><\/li>\n<li><b><\/b><b>Discuss why implicit liabilities of the government are also a cause for concern<\/b><\/li>\n<\/ul>\n<p><b>III Discussion Pages 293-302<\/b><\/p>\n<p><b>A.\u00a0 The Budget Balance<\/b><\/p>\n<ol>\n<li><b> The Budget Balance as a Measure of Fiscal Policy<\/b><\/li>\n<\/ol>\n<p style=\"padding-left: 60px;\"><b>SGovernment = T \u2013 G \u2013 TR<\/b><\/p>\n<p><b>\u00a0 \u00a0 \u00a02.\u00a0 The Business Cycle and the Cyclically Adjusted Budget Balance<\/b><\/p>\n<p><b>\u00a0 \u00a0 \u00a03.\u00a0 Should the Budget Be Balanced?<\/b><\/p>\n<p><b>B.\u00a0 Long-Run Implications of Fiscal Policy<\/b><\/p>\n<ol>\n<li><b> Deficits, Surpluses, and Debt<\/b><\/li>\n<li><b> Problems Posed by Rising Government Debt<\/b><\/li>\n<li><b> Deficits and Debt in Practice<\/b><\/li>\n<li><b> Implicit Liabilities<\/b><\/li>\n<\/ol>\n<p><b>IV Notes<\/b><\/p>\n<p><b>V.\u00a0 \u00a0Classwork<\/b><\/p>\n<p><b>30.2 WS &amp; 30.4WS<\/b><\/p>\n<p><iframe loading=\"lazy\" title=\"Remy: Raise The Debt Ceiling Rap\" width=\"700\" height=\"394\" src=\"https:\/\/www.youtube.com\/embed\/EoS52fVtVQM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I.\u00a0 Bellwork: \u00a0WS 30.3 Q&amp;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.\u00a0 The Budget Balance The Budget Balance as a Measure of Fiscal Policy SGovernment [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[],"class_list":["post-16916","post","type-post","status-publish","format-standard","hentry","category-ap-economics"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/comments?post=16916"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16916\/revisions"}],"predecessor-version":[{"id":16919,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/16916\/revisions\/16919"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=16916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=16916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=16916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}