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Showing posts from February 5, 2013

TESTfunda Daily Wordlist 06-Feb-13

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  If you're having trouble viewing this email, see today's Wordlist on the Web.         06-Feb-13 TestFunda Home  |  Sign up for Newsletters  |  Feedback Daily Wordlist Vocabulary Flashcards | Vocabulary Test | Previous Wordlists gnome  [  nohm  ]   [  noun  ]   MEANING :   1. (folklore) a troll or dwarf like creature that inhabits the earth's interior 2. an international banker or financial expert 3. maxim, aphorism or a wise, pithy saying   USAGE EXAMPLE 1 :   There were a lot of gnomes residing in the Weasley garden in the Harry Potter series.   USAGE EXAMPLE 2 :   That's preferable to the way someone like William Hague was constantly portrayed - as an ever shrinking gnome. Telegraph, Gordon Brown takes offence at 'fat' cartoons, By Patrick Sawer, 25 Jan 2009   cession  [  SESH-uh' n  ]   [  noun  ]   MEANING :   1. an act of surrendering, yielding or giving up 2. one or something that is given up or surrendered   USAGE E

TESTfunda - CAT Question of the Day 06-Feb-13

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  If you're having trouble viewing this email, see the Question of the Day and Tip of the Day on the Web.         06-Feb-13 TestFunda Home  |  Sign up for Newsletters  |  Feedback CAT Question of the Day Answer the following questions based on the information given below. In traditional economic models, increased liquidity results in more lending, mostly to investors and sometimes to consumers, thereby increasing demand and employment. But consider a case like Spain, where so much money has fled the banking system – and continues to flee as Europe fiddles over the implementation of a common banking system. Just adding liquidity, while continuing current austerity policies, will not reignite the Spanish economy. So, too, in the US, the smaller banks that largely finance small and medium-size enterprises have been all but neglected. But lending would be inhibited even if the banks were healthier. After all, small enterprises rely on collateral - based