05-05-2016, 02:10 PM
Hello, Today I completed the newly revised Money & Banking DSST and thought to share my experience since I passed with a 430! Because the test was reinstated about a month ago, there weren't many resources that could guide what the new content would be. A few things I remember that were tested:
- The 2007-2009 crisis was exacerbated by: (a) discount rate hostility or (d) inflation?
- The Board of Governors has how many members? 7 (and they serve 14 year terms)
- The term of the Chairman is how many years? (a) 3, (b) 4, © 5, (d) 6 years
- M1 includes: © traveler's checks, (d) small denomination deposits
There were about 10-15 questions on the 2007-2009 crisis. If I can think of more topics that were asked (sorry about the limited number listed above), I will add to this thread.
- The 2007-2009 crisis was exacerbated by: (a) discount rate hostility or (d) inflation?
- The Board of Governors has how many members? 7 (and they serve 14 year terms)
- The term of the Chairman is how many years? (a) 3, (b) 4, © 5, (d) 6 years
- M1 includes: © traveler's checks, (d) small denomination deposits
There were about 10-15 questions on the 2007-2009 crisis. If I can think of more topics that were asked (sorry about the limited number listed above), I will add to this thread.