April 29-May 6

Tax Project: https://docs.google.com/file/d/0B_gpVfHfuRG2WU4zTE5jZDFseEk/edit
Presentations begin Monday!

If you missed class, see me so you can be put in a group.

April 25

Exam and Notebook Check Today

April 24

Tax Review: https://docs.google.com/file/d/0B_gpVfHfuRG2SkpjanNmbmdUWkU/edit

Notebook Check
1. Tax Notes
2. 14.1 Questions
3. Kinds of Taxes
4. Tax Questions
5. Pay Stub
6. 14.2 Questions
7. Business Cycle Notes
8. Unemployment Notes
9. Unemployment WS
10. Tax Review

April 23

Unemployment Questions: https://drive.google.com/file/d/0B_gpVfHfuRG2Y1Z2eXFJcnNWaHM/edit?usp=sharing

Complete the following:  Page 336 #1-6

April 22

Business Cycles Questions:

1.  What are the 4 phases to a business cycle? Draw a pictorial representation of a business cycle.

2.  What are the contributing factors to each phase regarding GDP?

3.  What is stagflation?  Why is it a problem when an economy experiences it?

4.  What are the 4 main economic variables that affect business cycles?

5.  How can interest rates push a business cycle into a contraction?

6.  How did the Great Depression affect economists’ beliefs about the macroeconomy?

7.  At what point of the business cycle would you want to be?  In 1-2 sentences explain your reasoning.

Unemployment Notes: http://prezi.com/3zgtoinox-mf/copy-of-eco-chapter-13-section-1/

April 21

Business Cycles Notes: https://docs.google.com/file/d/0B_gpVfHfuRG2dVVfOUdqTTUxNmc/edit?usp=drive_web

April 16

Federal Tax Notes: https://docs.google.com/file/d/0B_gpVfHfuRG2cnFiVWItMWQxRGs/edit

14.2 Questions

1. Why do employers withhold a set amount of your income?
2. What is taxable income?
3. What does Social Security provide?
4. What is Medicare?
5. What items are taxed for the purpose of changing behavior?
6. Explain pay-as-you-earn taxation.
7. What is the purpose of FICA?
8. Describe withholding and explain how it would affect someone with a part-time job.
9. How much of the federal government’s income comes from individual income tax?

10. What is the difference between an estate tax and a gift tax?