Standards for Federal Budget: The Fiscal Ship Game

Name: Fiscal and Monetary Policy

Standard: 20

• Students will understand that: Federal government budgetary policy and the Federal Reserve System's monetary policy influence the overall levels of employment, output, and prices.
• Students will be able to use this knowledge to: Anticipate the impact of the federal government and the Federal Reserve System macroeconomic policy decisions on themselves and others.

Name: National Debt

Standard: