https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment Lesson 8.0 Learning Assessment en-us 2016-11-15 17:58:27 UTC 2016-11-15 18:05:30 UTC hello@padlet.com brendan_bordner https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137839141 Taxes are used to raise money for government programs. However, taxes can also promote or discourage behavior and activities.]]> 2016-11-15 18:00:42 UTC https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137839141 brendan_bordner https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137839676  The government can influence the economy in two main ways: by using fiscal policy or monetary policy. Fiscal policy involves using government spending and taxation to influence the economy. Monetary policy involves controlling the supply of money and credit to influence the economy. ]]> 2016-11-15 18:01:52 UTC https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137839676 brendan_bordner https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137840758 The Federal Reserve Board’s decisions have a major impact on the economy and on the daily lives of nearly every American. If the Fed raises interest rates, buying a home or a car could become more expensive. If the Fed lowers interest rates and the reduction encourages businesses and people to borrow money and make investments, companies might hire more workers to meet increased demand or expand their business. If the Fed cuts back on buying securities, thereby lowering the amount of money circulating in the economy, consumers might spend less. Too much money circulating can create inflation and lower the purchasing power of each dollar.]]> 2016-11-15 18:04:21 UTC https://padlet.com/brendan_bordner/Lesson_8_0_Learning_Assessment/wish/137840758