advised Marco2 for Phyllis young ONLY!!

1.Compose a 5-paragraph essay (APA format) to identify a minimum of 3 economic concepts and/or theories from this course and how they relate to some current event (properly cite a minimum of three electronic references).

2. Record the methods you used to discover these sources. (3-5)

3. Which data bases did you search? What combination of search terms did you use? Which methods resulted in the most hits? Which methods resulted in few or no hits?

Key Concepts

Government Purchases

Taxes

Transfer Payments

Expansionary and contractionary policies

Effect of the multiplier and MPC

Budget balance, surplus and deficit

National Debt