{"id":18450,"date":"2020-02-11T22:50:19","date_gmt":"2020-02-12T03:50:19","guid":{"rendered":"https:\/\/iblog.dearbornschools.org\/farhoud\/?p=18450"},"modified":"2020-02-12T00:15:57","modified_gmt":"2020-02-12T05:15:57","slug":"ap-macro-2-12-2020","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/farhoud\/2020\/02\/11\/ap-macro-2-12-2020\/","title":{"rendered":"AP Macro  &#8211; 2\/12\/2020"},"content":{"rendered":"\n<p><strong>I.&nbsp; Bellwork:&nbsp; WS 30.3 Q&amp;A<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.usnews.com\/opinion\/articles\/2014\/01\/15\/5-reasons-2014-is-looking-good-for-the-us-economy\">https:\/\/www.usnews.com\/opinion\/articles\/2014\/01\/15\/5-reasons-2014-is-looking-good-for-the-us-economy<\/a><\/p>\n\n\n\n<p><strong>II Objectives:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Explain why governments calculate the cyclically adjusted budget balance<\/strong><\/li><li><strong>Identify problems posed by a large public debt<\/strong><\/li><li><strong>Discuss why implicit liabilities of the government are also a cause for concern<\/strong><\/li><\/ul>\n\n\n\n<p><strong>III Discussion Pages 293-302<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=3sUCSGVYzI0\">Deficits &amp; Debts: Crash Course Economics #9<\/a><\/p>\n\n\n\n<p><strong>A.&nbsp; The Budget Balance<\/strong><\/p>\n\n\n\n<p>1.\t<strong>The Budget Balance as a Measure of Fiscal Policy<\/strong><\/p>\n\n\n\n<p><strong>SGovernment = T \u2013 G \u2013 TR<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp; The Business Cycle and the Cyclically Adjusted Budget Balance<\/strong><\/p>\n\n\n\n<p><strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp; Should the Budget Be Balanced?<\/strong><\/p>\n\n\n\n<p><strong>B.&nbsp; Long-Run Implications of Fiscal Policy<\/strong><\/p>\n\n\n\n<p>1.\t<strong>Deficits, Surpluses, and Debt<\/strong><\/p>\n\n\n\n<p>2.\t<strong>Problems Posed by Rising Government Debt<\/strong><\/p>\n\n\n\n<p>3.\t<strong>Deficits and Debt in Practice<\/strong><\/p>\n\n\n\n<p>4. <strong>Implicit Liabilities<\/strong><\/p>\n\n\n\n<p><strong>V.  Classwork<\/strong><\/p>\n\n\n\n<p><strong>30.2 WS &amp; 30.4<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<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>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>I.&nbsp; Bellwork:&nbsp; WS 30.3 Q&amp;A https:\/\/www.usnews.com\/opinion\/articles\/2014\/01\/15\/5-reasons-2014-is-looking-good-for-the-us-economy 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 Deficits &amp; Debts: Crash Course Economics #9 A.&nbsp; The Budget Balance 1. The [&hellip;]<\/p>\n","protected":false},"author":176,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,1],"tags":[],"class_list":["post-18450","post","type-post","status-publish","format-standard","hentry","category-ap-macro-w2020","category-class-news"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18450","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=18450"}],"version-history":[{"count":2,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18450\/revisions"}],"predecessor-version":[{"id":18453,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/posts\/18450\/revisions\/18453"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/media?parent=18450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/categories?post=18450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/farhoud\/wp-json\/wp\/v2\/tags?post=18450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}