Warm-up:
Is it Fiscal or Monetary Policy?
1. The President encourages Congress to pass a tax cut.
2. The FED raises interest rates to slow the economy.
3. Congress cuts spending.
4. The FED raises the reserve requirements for banks.
5. FDR created the New Deal for the economy, which included job creation through public works.
6. The FED buys bonds to increase money supply.
7. Congress passes new tax incentives for businesses.
1. The President encourages Congress to pass a tax cut.
2. The FED raises interest rates to slow the economy.
3. Congress cuts spending.
4. The FED raises the reserve requirements for banks.
5. FDR created the New Deal for the economy, which included job creation through public works.
6. The FED buys bonds to increase money supply.
7. Congress passes new tax incentives for businesses.
Objective:
SWBAT compare fiscal and monetary policy, as well as explain how economic indicators measure the performance of the economy.