*** There will be no blog entry for this week. However, below is all of the material from the week, you just do not have to make an entry for this week***
This week in class we began to utilize our Macroeconomic indicators to help us understand some of the greater intricacies of our economy. We looked at everything from the business cycle to the national debt, even taxes and an important lesson about our own debt.
Suggested Reading: Textbook pgs. 310-317, 358-380 and 386-408
Week #14 Vocabulary:
- Recession
- Inflation
- Stagflation
- National Debt
- National Deficit
- Flat/Proporational Tax
- Progressive Tax
- Regressive Tax
- Fiscal Policy
- Taxes and Spending
- Expansionary Policy
- Contractionary Policy
This week your blog post/homework is due by Sunday at midnight. Please complete your blog as a new post in the following fashion, labeling it as Week 14
- Paragraph 1: A thorough summary of our learning this week in class.
- Paragraph 2: Please answer the following question - If you could change any one thing about our Government's budget (if you could make the government spend more money on one thing), what would you choose ? Why?
- Paragraph 3: Please feel free to ask questions regarding the class here.
Week #14 Attachments:
Business Cycles
National Debt PPT
Taxes PPT
Tax Lesson PPT
Fiscal Policy