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Paragraph Quiz
1. President Obama was elected in 2008. How do you
think he has done as president? Compare him to
another president in your answer
Where was Obama born?
• Video clip
Economic vocabulary
• Stimulus
• Increased fiscal spending (usually during
recession)
• Deficit spending
• When government spends more than they collect
in taxation
• Austerity
• Decreased fiscal spending to decrease debt
TIME Magazine article
1. What is the author’s economic perspective and
why?
2. Graph AD/SRAS paragraph #2
3. Besides the White House who keeps track of our
economy?
4. Graph AD/SRAS paragraph #4
5. Graph AD/LRAS paragraph #4
6. Since the US GDP grew by over 2% last quarter, what
do you think the President should propose as
economic policy in his final 2 years?
7. Has learning macroeconomics changed your political
philosophies at all? Explain.

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Fri obama stimulus

  • 1. Paragraph Quiz 1. President Obama was elected in 2008. How do you think he has done as president? Compare him to another president in your answer
  • 2. Where was Obama born? • Video clip
  • 3. Economic vocabulary • Stimulus • Increased fiscal spending (usually during recession) • Deficit spending • When government spends more than they collect in taxation • Austerity • Decreased fiscal spending to decrease debt
  • 4. TIME Magazine article 1. What is the author’s economic perspective and why? 2. Graph AD/SRAS paragraph #2 3. Besides the White House who keeps track of our economy? 4. Graph AD/SRAS paragraph #4 5. Graph AD/LRAS paragraph #4 6. Since the US GDP grew by over 2% last quarter, what do you think the President should propose as economic policy in his final 2 years? 7. Has learning macroeconomics changed your political philosophies at all? Explain.