directions: Use the given scenarios and the information you have learned about Fiscal and Monetary policy to complete the questions that follow Over the past 3 years, prices in Belarus have risen by 4%, as overall economic growth has increased by 5% while unemployment rates are 1.3%. Aram is finding that all goods, even necessities cost more at the stores. He is worried he may have to cut back on certain purchases. The Results As the money supply (increases/decreases) Blank 1 , businesses will get (more/less) Blank 2 money and eventually unemployment (increases/decreases) Blank 3 . When that happens Aram will see prices (rise/fall) Blank 4 as the economy (expands/contracts) Blank 5
directions:
Use the given scenarios and the information you have learned about Fiscal and
Over the past 3 years, prices in Belarus have risen by 4%, as overall economic growth has increased by 5% while
The Results
As the money supply (increases/decreases)
Blank 1
, businesses will get (more/less)
Blank 2
money and eventually unemployment (increases/decreases)
Blank 3
.
When that happens Aram will see prices (rise/fall)
Blank 4
as the economy (expands/contracts)
Blank 5
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What will the federal government do to taxes?
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