Learning Objectives

By reading this chapter, you will be able to do the following:

17.1 Consider the ways in which federal economic policy shapes the financial health of Americans and the ways in which Americans’ financial health impacts the national economy.

17.2 Explore the relationship between student debt and presidential politics.

17.3 Understand the approaches to and goals of fiscal policy in the United States.

17.4 Examine the tools of fiscal policy and their use in promoting national economic health.

17.5 Summarize the role of the Federal Reserve System in guiding national monetary policy.