7.2 Fiscal Policy S/S

7.2 Fiscal Policy S/S

Open Ended

In our last lesson, we studied DEMAND side fiscal policy, which focuses on consumers ability to stimulate the marketplace. Today, we study SUPPLY SIDE fiscal policy. What do you think it will focus on ?

Taxes = NOT individual income taxes.

Supply side tries to keep taxes on business down so that businesses keep more of their money to invest in their business.

Open Ended

List the 3 Ds that characterize Supply Side Fiscal Policy.

Fill in the Blank

Supply side is based on the idea that giving tax breaks to business owners will make the $$ "______________-down" to everyone else.

Multiple Choice

According to the last slide, is Supply Side fiscal policy a new idea or an old idea?

• old

• new

Multiple Choice

What is this unit about?

• monetary policy

• international trade

• fiscal policy

Multiple Choice

What words is associated with the government budget and government tax / spend?

• Fiscal

• Revenue

• Fiduciary