TEKS: Chapter 118. Economics See All Teacher Resources

118.4.c.15

(15) Economics. The student understands the economic impact of fiscal policy decisions at the local, state, and national levels. The student is expected to:

• (A) identify types of taxes at the local, state, and national levels and the economic importance of each;
• (B) analyze the categories of revenues and expenditures in the U.S. federal budget; and
• (C) analyze the impact of fiscal policy decisions on the economy.