USA National Standards for Concept "Inflation"
National Standard Number: 19
Unemployment imposes costs on individuals and nations.Unexpected inflation imposes costs on many people and benefits some others, reduces the rate of growth of national living standards.
Online lessons on US Standard 19 from the National Council on Economic Education Website.
National Standard Number: 20
Federal government budgetary policy and the Federal Reserve System's monetary policy influence the overall levels of employment, output, and prices.
Online lessons on US Standard 20 from the National Council on Economic Education Website.
