See all 12th Grade Standards
Banking

Banking

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Here's how Banking aligns with curriculum standards in Council for Economic Education . Use the filters to change the location, set of standards, and grade level.

Standards
Defined by National Standards 12th Grade and align with Banking
12-1a: Compare the features of regular savings accounts, money market accounts, and CDs.
12-2a: Select a preferred location for a savings account based on comparison of interest rates and fees at different types of financial institutions.
12-4a: Explain why savers typically earn a higher nominal rate of interest when inflation is high.
12-5a: Investigate the areas of financial institution operations that are subject to state and/or federal regulation and supervision.
12-1b: Explain why CDs typically pay higher interest rates than regular savings accounts or interest-bearing checking accounts.
12-2b: Explain why an increase in the number of people who want to borrow money might result in banks paying higher rates on deposits.
12-4b: Illustrate how inflation can reduce the purchasing power of savings over time if the nominal interest rate is lower than the inflation rate.
12-5b: Identify the state agency responsible for regulating financial institutions where they live.
12-2c: Discuss types of market conditions that could result in financial institutions paying lower rates on savings accounts.
12-4c: Investigate how federal I bonds provide inflation protection for savers.
12-5c: Explain the importance of solvency regulation for financial institutions.