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GE.6.3 Demonstrate how banks create money through the principle of fractional reserve banking.
GE.6.4 Describe the structure and functions of the Federal Reserve System. (E)
GE.7.1 Define and explain fiscal policy and its tools. (E)
GE.7.2 Define and explain monetary policy and its tools. (E)
GE.7.3 Analyze how the government uses fiscal policy to promote price stability, full employment,
and economic growth.
GE.7.4 Explain how the use of fiscal policy affects budget deficits or surpluses and the national
debt.
GE.7.5 Analyze how the Federal Reserve uses monetary policy to promote price stability, full
employment, and economic growth. (E)
GE.6.4 Describe the structure and functions of the Federal Reserve System. (E)
GE.7.1 Define and explain fiscal policy and its tools. (E)
GE.7.2 Define and explain monetary policy and its tools. (E)
GE.7.3 Analyze how the government uses fiscal policy to promote price stability, full employment,
and economic growth.
GE.7.4 Explain how the use of fiscal policy affects budget deficits or surpluses and the national
debt.
GE.7.5 Analyze how the Federal Reserve uses monetary policy to promote price stability, full
employment, and economic growth. (E)
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