Unexpected inflation imposes costs on many people and benefits some others because it arbitrarily redistributes purchasing power. Inflation can reduce the rate of growth of national living standards because individuals and organizations use resources to protect themselves against the uncertainty of future prices. NCEE 20 Federal government budgetary policy and the Federal Reserve System s monetary policy influence the overall levels of employment, output, and prices. This is true for trade among individuals or organizations within a nation, and usually among individuals or organizations in different nations. ELA 1 and 3 MST 2 Entrepreneurship Starting a Business Sole Proprietorships and Partnerships Corporate vs. Franchise NCEE 1 NCEE 2 NCEE 9 NCEE 13 NCEE 14 Entrepreneurs are people who take the risks of organizing productive resources to make goods and services.
Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.
NCEE 15 NCEE 17 NCEE 19 Unemployment imposes costs on individuals and nations. Unexpected inflation imposes costs on many people and benefits some others because it arbitrarily redistributes purchasing power. Inflation can reduce the rate of growth of national living standards because individuals and organizations use resources to protect themselves against the uncertainty of future prices. CDOS 1 Career Development Students will be knowledgeable about the world of work, explore career options, and relate personal skills, aptitudes, and abilities to future career decisions. Students will apply the knowledge and thinking skills of mathematics, science, and technology to address real-life problems and make informed decisions.