Title: Demonstrate knowledge of how monetary policy influences employment, output, and prices.
Course: Economics and Personal Finance (19262-36) > Section: Demonstrating Knowledge of a Nation's Economic Goals

Demonstration should include

- describing the purpose, structure, and function of the Federal Reserve System, including the role of monetary policy
- identifying the tools of monetary policy (e.g., federal discount rate)
- comparing the U.S. monetary system with the international monetary system.