USA National Standards for Concept "Monetary Policy"
National Standard Number: 12
Interest rates, adjusted for inflation, rise and fall to balance the amount saved with the amount borrowed, which affects the allocation of scarce resources between present and future uses.
Online lessons on US Standard 12 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.
