CIA 4U
ECONOMICS
FEDERAL BUDGET ARTICLE
Parts of a Newspaper Article
Byline: The name of the author of the article. ____________________________
Cutline: A caption underneath a photograph explaining what it is about.
___________________________________________
Dateline: A heading that tells where and when a story takes place.
___________________________________________
Gutter: the space along the crease where the pages fold.
Headline: The title of article. Usually printed in bold letters.
(For example: "Virtual classes are clicking with more Maine students.")
___________________________________________________
Interviewee: The person being interviewed in the article.
Inverted triangle: A diagram shaped like an upside-down triangle that notes the
content of a newspaper article, listing the most important items first.
Layout: The organization of the pictures, ads, and articles.
Lead: The first few sentences of the story. These lines tell the 5 W's of the story.
Who? ________________________________________
What? _______________________________________
Where? ______________________________________
When? _______________________________________
Why? ________________________________________
Sidebar: A story that accompanies a main story, possibly detailing a background
event or a related topic.
Answer the following questions based on the article:
1.
When is the Federal Budget expected to be delivered?
2.
What is expected to be in the budget?
3.
Is it expected to be phased in faster or slower than previously
expected?
4.
How much will be confirmed in government spending?
5.
What else will be kick-started?
6.
List three areas that will be exempt? What are these areas being
exempt from?
7.
What will the government NOT do to balance the budget?
8.
What is the “deficit”?
9.
How does the government plan to reduce the deficit?
10.
GDP is Gross Domestic Product. This measures the output of an
economy based on spending.
The formula is GDP = C + I + G + (X-M)
Determine the meaning on each of the variables:
C __________________________________________
I ___________________________________________
G __________________________________________
(X-M) ____________________________________
11.
Who is the Federal Finance Minister?
12.
How much is the Federal fiscal deficit projected to be in 2014?
13.
Why is the Finance Minister waiting to work towards deficit
reduction?
14.
What is the current year deficit projected to be?
15.
How many years does the government expect to take to balance
the budget?
16.
What is Canada’s current unemployment rate?
17.
How many Canadian jobs have been lost since the recession
began 18 months ago?