Tuesday, March 01, 2011

March 1


I gave you a handout today with advice on how to write a WRA I which covered a lot of the same territory as the notes that I put on the board yesterday. You wrote a practice WRA I for about 60 minutes, which I will look over and provide feedback on and return to your prior to Friday. On Friday you will be writing a actual WRA I that will be counted for marks. Please remember that you have your Chapter 3-4 Test tomorrow, please see the study guide here.


We went over Keynesian economics again today by reviewing what the monetary and fiscal policy responses would be like in various economic situations on the boom and bust cycle. We then went into extreme detail on monetary and fiscal policy. If you understand completely the contents of the booklet that we went through on monetary and fiscal policy, there is no way that you'll get a multiple choice question wrong on the Diploma Exam. We also watched a video from the BBC 20th Century History series called "FDR and the New Deal". As you watched this video, you were to take notes on the topics covered in the video. We'll continue to look at the Great Depression and the FDR administration's response to the economic crisis facing the United States tomorrow.

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