Standards for Just How Powerful is the Fed Chair?

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National Standards in Economics

Name: Fiscal and Monetary Policy

Standard: 20

  • Students will understand that: Federal government budgetary policy and the Federal Reserve System's monetary policy influence the overall levels of employment, output, and prices.
  • Students will be able to use this knowledge to: Anticipate the impact of the federal government and the Federal Reserve System macroeconomic policy decisions on themselves and others.

State Standards

Common Core State Standards

Name: Literacy in History/Social Studies

Standard:

Area: