Students will analyze monetary and fiscal policies for a variety of economic conditions.
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Examine fiscal policy tools used by the executive and legislative branches of the government (e.g., taxation, spending)
Examine monetary policy tools used by the Federal Reserve System (e.g., open market operations, discount rate, reserve requirement, interest on reserves)
Compare and contrast the roles and functions of financial institutions in the United States
Determine the relationship between the national debt and the federal budget (e.g., balanced, surplus, deficit)