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Money and Banking DSST helpful tips?
#11
Best wishes Sam on your test today!

Sorry I completely forgot about my post in this thread back in December... For some reason, DF doesn't send me thread subscription updates. Sad I guess it's a little late to tell you which book I used now! Wink
"I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." Galileo Galilei
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#12
That's fine, I would like to know if it's the one I've been using (Money Banking and Financial Markets by Roger Miller/David VanHoose), for interest sake. I'll be taking it tomorrow; today's my review/practice test day!
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#13
It was "The Economics of Money, Banking, and Financial Markets" 9th edition by Frederic Mishkin
Turned out to be a really good, interesting book!
"I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use." Galileo Galilei
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#14
Today's practice, my first, other than the 10 Q type, scored a 57%.
Not bad for a first, but I'm cramming all the info I missed down my throat, and I think my score should leap quite a bit further on tomorrow morning's vital practice test. Now to get some sleep!
Remember to be praying for me tomorrow!
Thanks,
- Sam
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#15
To let you all know, I DID pass!! But just barely; pass is 48, I got 49 =(
For anyone who's taking it, do take the Money and Banking DSST practice test for $5! I didn't, and only used 2 other free practice tests that were of a dif. type of content than the actual exam. These practices also had a few math problems that weren't hardly on the actual test.

Things I noted, not covered in the flashcards were similar to what a lot of people have said:
Know what Regulation Q (Reg-Q) means, and with that, the Glass-Steagall Act of 1933.
Know what a Credit Crunch is (a type of Disintermediation).
Know about FED Funds, and the FED Funds R.

- Sam
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#16
A pass is a pass. Congratulations, Sam!
TESU BSBA - GM, September 2015

"Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway." -- Earl Nightingale, radio personality and motivational speaker
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