TEKS 113.31(d)(12)(C)
explain how the actions of the Federal Reserve System affect the nation's money supply; and
Source: Texas Administrative Code §113.31 (Chapter 113) · Adopted 2022
Knowledge & Skills 113.31(d)(12)
Economics
The student understands the role of the Federal Reserve System in establishing monetary policy. The student is expected to:
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Other expectations under 113.31(d)(12)
- TEKS 113.31(d)(12)(A) explain the structure of the Federal Reserve System;
- TEKS 113.31(d)(12)(B) analyze the three basic tools used to implement U.S. monetary policy, including reserve requirements, the discount rate and the federal funds rate target, and open-market operation…
- TEKS 113.31(d)(12)(D) describe the current role of the U.S. dollar in trade in the world market and analyze how that has changed over time, in particular since departing from the gold standard in 1971.