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Georgia standard · Social Studies

SSEMA2Federal Reserve System

Explain the role and functions of the Federal Reserve System.

Appears in: Social Studies, High School

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Expectations

  • SSEMA2a

    Describe the organization of the Federal Reserve System (12 Districts, Federal Open Market Committee (FOMC), and Board of Governors).

  • SSEMA2b

    Describe the Federal Reserve Bank’s roles in payment processing, bank supervision, and monetary policy including the dual mandate of price stability and full employment.

  • SSEMA2c

    Describe 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.

Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.

SSEMA2: Federal Reserve System | Georgia Social Studies Standard | Georgia Homeroom