Instructions: This project will consist of a number of tasks. You answers to the questions in each tasks are to be thorough and complete. You will record your answers on your site in a page with the following name: Macro Final Project. Within this page, you will answer the questions to each task. You might want to show a clear separation between the tasks by leaving enough space between them. Do not create a subpage for each task.
1. Review how GDP is calculated by completing this worksheet. Please note, I do not want you to answer your questions on a Google Document like the instruction of this worksheet indicates. I want you to follow the instructions at the top of this page. In other words, add this information to your site.
2. Different Macro Economic Theories
3. In your own words, write a 2 paragraph entry explaining the difference between Fiscal and Monetary Policy. Include details about how each of them works. Then research examples from history that Fiscal Policy was used (you might want to research the term stimulus or fiscal stimulus) and when monetary policy was used. Include two examples of each in your entry. In your page, give the entry the following title: Fiscal Versus Monetary Policy
5. Lorenz Curve Investigation - You can skip question 7 or do it for extra credit.