[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