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  #21 (permalink)  
Old 06-26-2008, 07:48 AM
David Waring's Avatar
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Quote:
Originally Posted by kawola17 View Post
Hello Dave,

Here are my answers:
1) Promote economic growth, by increasing money supply
2) Focus on price stability, by reducing money supply
3) Strengthens currency as investors would want to invest
4) Weakens currency as investors would look elsewhere for higher return
5) Decrease current account, weaken the currency
6) Increase current account, strengthen the currency
7) Strengthen the currency
8) Canadian currency strengthens, CAD/JPY will increase
9) Consumer spending makes up a large part of the US economy (GDP)
10) Service based economy

Thanks in advance.

Sincerely,
Bill
Hi Bill,

Good work here it looks like you have a sound understanding of the fundamentals up to this point as your answers are all correct.

Best Regards,
Dave
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  #22 (permalink)  
Old 08-16-2008, 11:15 AM
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Default Hi David

Just wondering if someone has correctly answered all the questions?
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  #23 (permalink)  
Old 08-19-2008, 07:34 PM
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Hey Mark,

Glad to hear from you. Yes the post above yours has all the correct answers.

Best Regards,
Dave
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Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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  #24 (permalink)  
Old 09-14-2008, 08:37 AM
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Default My Answers

1-INCREASE ECONOMIC GROWTH / INCREASE MONEY SUPPLY
2-STABILIZE ECONOMY / DECREASE MONEY SUPPLY
3-INCREASES VALUE OF CURRENCY / MORE INVESTORS
4-DECREASES VALUE OF CURRENCY / LESS INVESTORS / INVESTORS LOOK ELSEWHERE TO PUT THEIR MONEY
5-DECREASES CURRENT ACCOUNT / DECREASES VALUE OF CURRENCY
6-INCREASES CURRENT ACCOUNT / INCREASES VALUE OF CURRENCY
7-CURRENCY INCREASES IN VALUE
8-CAD GETS STRONGER / JPY GROWS WEAKER
9-CONSUMER SPENDING IS KEY TO ECONOMY / GDP
10-SERVICE BASED

Prior to your lessons the only answer I would have been sure of was 10 except I would have answered it "Capitalist" and would have been wrong....Thanks Dave for all your help, your efforts have not gone unappreciated.

Marc
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  #25 (permalink)  
Old 09-15-2008, 09:00 AM
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Hi Marc,

Glad to hear from you and glad you were able to soak up the information there.

Best Regards,
Dave
__________________
Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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  #26 (permalink)  
Old 09-29-2008, 12:08 AM
Gar Gar is offline
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Really great quiz Dave, I surprised myself and got 100%, all information learned from your site

I particularly like question 8, I had one of those ahhha! moments with that one
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  #27 (permalink)  
Old 09-29-2008, 08:07 AM
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Hi Gar,

Welcome to the community and glad to hear you are soaking up the information.

Best Regards,
Dave
__________________
Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.
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