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ETS MFT BUSINESS EXAM WITH COMPLETE QUESTIONS WITH CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+||UPDATED MAY 2024!
Which of the following is an appropriate Federal Reserve action to stimulate the United States 
economy? 
a) Selling government bonds on the open market 
b) Increasing the discount rate 
c) Reducing the reserve requirement 
d) Cutting taxes - <<ANSWERS>>C 
A small number of people with complementary skills who are committed to a common purpose, a 
set of performance goals, and an approach for which they hold themselves mutually accountable is 
referred to as a 
a) committee 
b) ta...
- Exam (elaborations)
- • 51 pages •
Which of the following is an appropriate Federal Reserve action to stimulate the United States 
economy? 
a) Selling government bonds on the open market 
b) Increasing the discount rate 
c) Reducing the reserve requirement 
d) Cutting taxes - <<ANSWERS>>C 
A small number of people with complementary skills who are committed to a common purpose, a 
set of performance goals, and an approach for which they hold themselves mutually accountable is 
referred to as a 
a) committee 
b) ta...
ETS MFT BUSINESS EXAM NEWEST 2024 ACTUAL EXAM COMPLETE QUESTIONS WITH CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+
Spot Exchange Rate - <<ANSWERS>>The rate of a foreign-exchange contract for immediate delivery. 
Also known as "benchmark rates", "straightforward rates" or "outright rates", spot rates represent 
the price that a buyer expects to pay for a foreign currency in another currency. 
Interest-rate Parity - <<ANSWERS>>A theory in which the interest rate differential between two 
countries is equal to the differential between the forward exchange rate and the spot excha...
- Exam (elaborations)
- • 9 pages •
Spot Exchange Rate - <<ANSWERS>>The rate of a foreign-exchange contract for immediate delivery. 
Also known as "benchmark rates", "straightforward rates" or "outright rates", spot rates represent 
the price that a buyer expects to pay for a foreign currency in another currency. 
Interest-rate Parity - <<ANSWERS>>A theory in which the interest rate differential between two 
countries is equal to the differential between the forward exchange rate and the spot excha...