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Macroeconomic Indicators and Policy · Term 3

Government Spending and Taxation

Examining how the government uses taxing and spending to influence the economy.

Key Questions

  1. Explain the difference between expansionary and contractionary fiscal policy.
  2. Analyze how government spending affects aggregate demand.
  3. Predict the impact of a tax cut on consumer spending and investment.

Ontario Curriculum Expectations

CEE.Std5.7
Grade: Grade 9
Subject: Economics
Unit: Macroeconomic Indicators and Policy
Period: Term 3

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