If an Examinee Asks the Examiner If He or She

question 12

Multiple Choice

If an examinee asks the examiner if he or she answered an item correctly on a standardized test,the examiner should do which of the following?

• A)Confirm if the answer was correct or incorrect.
• B)Do not respond to the student's inquiry.
• C)Assure the student they are doing well and ask the next question.
• D)Confirm responses at the end of each section.

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Definitions:

Reserve Requirement

The minimum amount of reserves that banks must hold against deposits, as mandated by central banking authorities.

Money Supply

The all-encompassing amount of economic monetary assets at a designated time.

Reserve Requirements

Central bank regulations setting the minimum amount of reserves that must be held by a commercial bank.

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from the Federal Reserve's discount window.