ALEX Resources

   View Standards     Standard(s): [SS2010] ECON (12) 10 :

10 ) Explain the structure, role, and functions of the United States Federal Reserve System.

•  Describing how the United States Federal Reserve System oversees the banking system and regulates the quantity of money in the economy

•  Defining monetary policy

•  Describing how the central bank uses its tools of monetary policy to promote price stability, full employment, and economic growth

[SS2010] ECON (12) 11 :

11 ) Explain how the government uses fiscal policy to promote the economic goals of price stability, full employment, and economic growth.

•  Defining fiscal policy and the use of taxation and government purchases

•  Comparing government deficits and the national debt

In this video, Craig is going to dive into the controversy of monetary and fiscal policy. Monetary and fiscal policy are ways the government, and most notably the Federal Reserve influences the economy--for better or for worse.