E.7.1 Define and explain fiscal and monetary policy. (E)
E.7.2 Explain the tools of fiscal and monetary policy. (E)
E.7.3 Analyze how the government uses fiscal policy to promote price stability, full employment, and economic growth.
E.7.4 Explain how the use of fiscal policy affects budget deficits or surpluses and the national debt.
E.7.5 Analyze how the Federal Reserve uses monetary policy to promote price stability, full employment, and economic growth. (E)