SSEMA2Federal Reserve System
Explain the role and functions of the Federal Reserve System.
Appears in: Social Studies, High School
Expectations
SSEMA2aDescribe the organization of the Federal Reserve System (12 Districts, Federal Open Market Committee (FOMC), and Board of Governors).
SSEMA2bDescribe the Federal Reserve Bank’s roles in payment processing, bank supervision, and monetary policy including the dual mandate of price stability and full employment.
SSEMA2cDescribe how the Federal Reserve uses various tools of monetary policy to target the federal funds rate and how this rate influences other interest rates in the economy.
Georgia Milestones coverage
No Georgia Milestones blueprint cites this standard.