Standards for Federal Budget: The Fiscal Ship Game
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.
Name: National Debt
Standard: