DSST Money and Banking exam covers the basics of of the role and kinds of money; commercial banks and other financial intermediaries; central banking and the Federal Reserve System; money and macroeconomics; U.S. monetary policy; and the international monetary system. The exam contains 100 questions to be answered in 2 hours. Exam content, in brief: I. The Role and Kinds of Money – 5% a. Alternative definitions of money b. Money and other assets 2. Commercial Banks and Other Financial Intermediaries – 25% a. Regulation of the banking industry b. Structure of the banking industry c.... Show more DSST Money and Banking exam covers the basics of of the role and kinds of money; commercial banks and other financial intermediaries; central banking and the Federal Reserve System; money and macroeconomics; U.S. monetary policy; and the international monetary system. The exam contains 100 questions to be answered in 2 hours. Exam content, in brief: I. The Role and Kinds of Money – 5% a. Alternative definitions of money b. Money and other assets 2. Commercial Banks and Other Financial Intermediaries – 25% a. Regulation of the banking industry b. Structure of the banking industry c. Operation and management of financial markets and intermediaries d. Deposit insurance 3. Money and Macroeconomic Activity – 19% a. Basic classical and Keynesian economics b. Monetarism and rational expectations c. Money and inflation 4. Central Banking and the Federal Reserve System – 21% a. Historical and philosophical framework b. Structure and organization c. Current monetary management 5. Monetary Policy in the United States – 20% a. Policy effectiveness b. Conducting monetary policy c. Interest rates and the impact on money supply d. Monetary vs. fiscal policy e. Historical US financial crises 6. The International Monetary System – 10% a. International banking b. International monetary institutions and debt crises c. International payments and exchange rates d. Monetary policy in conjunction with exchange rates Show less
DSST Money and Banking exam covers the basics of of the role and kinds of money; commercial banks and other financial intermediaries; central banking and the Federal Reserve System; money and macroeconomics; U.S. monetary policy; and the international monetary system. The exam contains 100 questions to be answered in 2 hours.
Exam content, in brief:
I. The Role and Kinds of Money – 5% a. Alternative definitions of money b. Money and other assets
2. Commercial Banks and Other Financial Intermediaries – 25% a. Regulation of the banking industry b. Structure of the banking industry c. Operation and management of financial markets and intermediaries d. Deposit insurance
3. Money and Macroeconomic Activity – 19% a. Basic classical and Keynesian economics b. Monetarism and rational expectations c. Money and inflation
4. Central Banking and the Federal Reserve System – 21% a. Historical and philosophical framework b. Structure and organization c. Current monetary management
5. Monetary Policy in the United States – 20% a. Policy effectiveness b. Conducting monetary policy c. Interest rates and the impact on money supply d. Monetary vs. fiscal policy e. Historical US financial crises
6. The International Monetary System – 10% a. International banking b. International monetary institutions and debt crises c. International payments and exchange rates d. Monetary policy in conjunction with exchange rates
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