Now that you have explored the government’s financial system, you will engage in a “check for understanding” conversation with your instructor. This conversation will serve as your Application for this topic, and will cover government-provided goods and services, taxes, and fiscal and monetary policies. During this conversation, your instructor will provide you with a prompt or series of questions about the material that you just learned. Your instructor will expect you to provide detailed information about this topic’s content. In order to prepare for this activity, you should make sure that you have:

• Read or viewed the material that has been covered in this topic;
• Taken notes on any assigned content; and
• Reviewed your notes and instructor feedback from previous assignments.

Your instructor may provide you with more details about the assignment. Please contact your instructor to schedule a time to talk in person, via a phone call, or web conference.