Economics 1

Task 1 Print Analyzing Current Fiscal Policy Fiscal policy is the government’s use of government spending and taxes to influence the economy.For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below. Part A Which tool did you choose? Font Sizes Characters used: 0 / 15000 Part B Do you think this tool should be increased or decreased to help the economy? Font Sizes Characters used: 0 / 15000 Part C Using an...

Task 1 Print Economic Data Collection and Analysis GDP, inflation, and unemployment rates can be used to measure the health of an economy and its possible growth. Let’s look at some current data. Part A Click your state on the map to find employment data for your state. Type the relevant employment data in the chart below. Font Sizes Characters used: 396 / 15000 Part B Economists frequently use the Consumer Price Index (CPI) to measure inflation, the general increase in prices. The...