1. ECONOMICS: April 22
Warm-up What is the difference between discretionary and automatic fiscal policy?
Economics Learning Target In order to understand how the government works to promote the economic goals of full employment, price stability, and economic growth, I will analyze demand-side and supply-side policy fiscal policy. I will know I have it when I can: (1) list the demand-side fiscal policy tools; (2) list the supply-side policy tools; (3) explain changes in fiscal policy on unemployment, inflation, real GDP, the budget, and the national debt; and (4) explain policy dilemma with using demand-side policy to deal with stagflation.
--Ch. 15 Economic Policy Application Activity (HO)
Assignment Read Ch. 10, Lesson 1