--- title: "SSEMA2: Federal Reserve System (Georgia Social Studies standard)" code: SSEMA2 cite_as: Georgia Standards of Excellence, Social Studies, SSEMA2 subject: social_studies grades: - high-school language: en canonical_url: https://georgiahomeroom.org/standards/code/SSEMA2 md_url: https://georgiahomeroom.org/standards/code/SSEMA2.md alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSEMA2.md source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c source_last_changed: 2025-02-04 data_built: 2026-09-18 publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district. up: https://georgiahomeroom.org/standards/social_studies/high-school.md index: https://georgiahomeroom.org/standards/index.md --- # SSEMA2: Federal Reserve System Explain the role and functions of the Federal Reserve System. - Subject: Social Studies - Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md ## 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.