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Topic: Money supply 

Business Education

 Standard 5.  Understands the concepts of assets, liabilities, and owner’s equity
  Level IV (Grade 9-12)
   Benchmark 3.Understands the difference between current assets (i.e., expected to be converted into cash within 12 months, such as cash or merchandise), fixed assets (i.e., used over a period of several years of normal operations, such as a building a retailer owns), and intangible assets (e.g., reputation of servicing the public, franchise fees, patents, copyrights)
    Knowledge/skill statements
     1.Understands that current assets are those expected to be converted into cash within 12 months
     2.Knows that cash and merchandise are examples of current assets
     3.Understands that fixed assets are those used over a period of several years of normal operations
     4.Knows that an example of a fixed asset is a building that a retailer owns
     5.Understands that an example of an intangible assets is a reputation for public service
     6.Understands that an example of an intangible assets is franchise fees
     7.Understands that an example of an intangible assets is patents

Economics

 Standard 8.  Understands basic concepts of United States fiscal policy and monetary policy
  Level IV (Grade 9-12)
   Benchmark 8.Understands that when banks make loans, the money supply increases, and when loans are paid back, the country’s money supply shrinks
    Knowledge/skill statements
     1.Knows how the country’s money supply is affected when banks make loans
     2.Knows how the country’s money supply is affected when loans are repaid
   Benchmark 9.Understands that changes in the money supply lead to changes in interest rates and in individual and corporate spending which may influence the levels of spending, employment, prices, and economic growth in the economy
    Knowledge/skill statements
     1.Understands that changes in the money supply lead to changes in interest rates
     2.Understands that changes in the money supply lead to changes in individual and corporate spending
     3.Understands that changes in the money supply may influence the levels of spending in the economy
     4.Understands that changes in the money supply may influence the levels of employment in the economy
     5.Understands that changes in the money supply may influence the levels of prices in the economy
     6.Understands that changes in the money supply may influence the levels of economic growth in the economy