Material Detail

This activity analyzes a graph showing the United States Federal government current receipts (from taxation) and current expenditures. Students review fiscal policy actions during 1991-2001 and the effect of the fiscal policy on business cycles. The activity calls upon students to recommend fiscal policy for 2001.

After the completion of this activity students will be able to:

1. Use FRED graphs to perform visual data comparisons.

2. Assess what fiscal policy was employed during the 1991-2001 expansion and what consequences resulted.

3. Recommend fiscal policy action based on the state of the economy.

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