ECONOMICS: April 30 Warm-up If the economy is experiencing a recession, how would the Fed use it’s monetary policy tools to stimulate demand in the.

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Presentation transcript:

ECONOMICS: April 30 Warm-up If the economy is experiencing a recession, how would the Fed use it’s monetary policy tools to stimulate demand in the economy? How would Congress and the President use its fiscal policy tools to stimulate demand in the economy? 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 monetary and fiscal policy. I will know I have it when I can: (1) list and explain the monetary and fiscal policy tools; and (2) explain changes in monetary and fiscal policy on unemployment, inflation, and real GDP by drawing AD-AS graphs illustrating how monetary policy can close recessionary and inflationary gaps. --Monetary and Fiscal Policy Mix (HO)—TURN IN Assignment --Ch. 10, 14, 15, and 16 Test Review (HO from earlier) Ch. 10, 14, 15, and 16 Test is Thursday (parts of 10-1, 10-2, 14-1, 14-2, 14-3, 15-1, 15-2, 15-3, 16-1, and 16-2) Warm-ups due Thursday All assignments for the unit must be turned in by TOMORROW Report to C11 Computer Lab (with ear phones) on FRIDAY