Chapter 16Section 4: Fiscal and Monetary Policy

• Gross Domestic Product (GDP)• Inflation• Recession• Fiscal policy• Monetary policy

Chapter 16

AGENDAJanuary 13, 2014

Today’s topics Chapter 16 Quiz Setting Priorities in the Federal Budget

Administrative The Road Ahead…

Homework None

The Road Ahead…Upcoming Dates…January 14/16 After school study & review sessions

January 16/17 Unit 4 Guide due

January 17 Portfolio EXTRA CREDIT option dueat 3:00 p.m.

Learning GoalsUnit 4 Guide

How should the government spend taxpayers’ money?• How is the federal budget an example of

compromise?• How do government budgets reflect the

priorities of those who write them?• How would you change these budget priorities?

Partner or Group Work Say hello / make eye contact Pair share / take turns Use a quiet voice and make an honest effort

to communicate. At desk or assigned place Materials are out and task is

being actively worked on.

Setting Priorities inthe Federal Budget

Work as a group to choose 3 priorities for your budget Game will refer to these as “Badges”

Which of the nine budget categories will be most useful as you try to achieve your priorities?

Defense & Diplomacy Housing & Living Health CareSchool & Kids Infrastructure Taxes

Science & Nature Social Security Miscellaneous

Homework

Before you leave Pick up your belongings Straighten up your area

Homework None

Reminders: January 16/17 Unit 4 Guide due January 17 Portfolio EXTRA CREDIT option due

at 3:00 p.m.