Read Exploring Business – Chapter 1.7.

Watch The United States Economy – YouTube

Complete Government’s Role in Managing the Economy assignment in Teams.

Chapter 1 Review on Kahoot!

Learning Targets:

• I can define monetary policy and fiscal policy.
• I understand the role of the Federal Reserve System (“the Fed”).
• I can explain the difference between contractionary policy and expansionary policy.
• I know that national debt is the total amount of money owed by the federal government.