Economic Functions of Government Activity #1

• Classify each of the fictitious headlines under the appropriate economic function category. See Economic Functions of Government Worksheet.

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Note: Some headlines may represent more

than one function.

SWBAT Analyze the Economic Functions of Government?

Activity #1- Newspaper Headlines

1. Federal Government Approves Crime Bill; Cities to Hire Additional Police
2. Minnesota to Sue Tobacco Firms to Recover Health Care Costs
3. Federal Reserve create policy to update security features on the $100 bill
4. US Investigation Seeks to Find if United Aluminum Broke Anti-Trust Laws and are becoming too powerful.
5. The EPA sets goals on new emissions standards for cars made after 2015
6. U.S. Government to Increase Aid to Education Next Year
7. Group of Economists Urges Federal Reserve System Not to Act Against Inflation Now.
8. President Obama wants to increase tax rate on “rich.”
9. Social Security Payments to Increase by 4% Next Year: Cost of Living Allowance Up
10. Congress Approves $500 million dollar bill to fund the development of a new fighter jet.
11. The SEC wants to have more oversight on sub-prime market.

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SWBAT Analyze the Economic Functions of Government?

Activity #1- Economic Functions of Government Worksheet�© National Council on Economic Education

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