American Democracy Now (Harrison), 3rd EditionChapter 16:
Economic PolicyLearning ObjectivesHaving studied this chapter, students should be able to do each of the following:
- Describe government's role in the health of the economy.
- Describe measures of economic health.
- Identify sources of revenue for the federal government.
- Differentiate between mandatory and discretionary spending.
- Outline the federal budget process.
- Summarize concerns about deficit spending and national debt.
- Describe monetary policy and the Federal Reserve system.
- Explain the goal of government regulatory policy.
- Compare free trade policy with protectionist trade policy.
- Assess the status of the American dream in today's economy.
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