If economic agents have rational expectations,

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DSST Money and Banking Exam Practice Test 2 — practice the complete quiz, review flashcards, or try a random question.

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

If economic agents have rational expectations,