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ECONOMICS: April 16 Warm-up (using Act. 5-2 HO) Discretionary vs. Automatic Fiscal Policy (#1, #3, #4, #6, #7, & #10) 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
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