The Federal Reserve targets the level of the federal funds rate, a short-term rate that banks charge one another for the use of excess funds. This target is largely reached by buying and selling existing government securities.
Standard detail
9.
Benchmark
Depth 1Parent ID: 995449DB1E544264ACFF2278BCBCDBCAStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 9.
- List ID
- 9.
- Standard ID
- E9B6CBD0C1D44DF7B0D5A4403AE986AC
- ASN identifier
- S2604887
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 995449DB1E544264ACFF2278BCBCDBCA
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US