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Business English Exercises
 

The Employment Act of 1946

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 423
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the employment act of 1946 answer 1
Established by the Employment Act of 1946, the Council of Economic Advisers provides the President of the United States with objective economic analysis and with advice on the development and implementation of national and international economic policy.

Correct answer: (c) Council

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the employment act of 1946, question 1 the employment act of 1946, technical analysis words council, process, london, what does council mean?

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the employment act of 1946 answer 2
After four years in custody, Mr Patronia was convicted on three terrorism-related counts, the jury delivering its verdict in under 48 hours; what was unusual and blameworthy was the length of time he had to wait for the due process which most Americans take for granted.

Correct answer: (d) process

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the employment act of 1946 answer 3
The London International Financial Futures & Options Exchange lost its single biggest source of income — trading in the German Government Bund — in the late 1990s, but by 2001 it had reinvented itself as an electronic exchange, and at the end of 2001, it was acquired by Euronext NV.

Correct answer: (c) London

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the employment act of 1946 answer 4
A congestion area is a price level where neither the bears nor the bulls are in total control; the market cannot decide which way it wants to go, so traders often step aside to see what is going to happen next.

Correct answer: (b) congestion

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the employment act of 1946 answer 5
Elevated readings in the TED spread indicate increased risk avoidance in the market — investors flock to relatively risk-free short-term T-bills — while Eurodollar futures are more representative of the credit quality of corporate borrowers.

Correct answer: (b) TED

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the employment act of 1946 answer 6
The grantor must permanently give up all control and ownership of any property transferred to an irrevocable trust, so this device has small appeal for most taxpayers.

Correct answer: (b) irrevocable

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the employment act of 1946 answer 7
Arbitration is an out-of-court dispute resolution process where the disputing parties each present their case to a third party intermediary that examines the evidence and makes a (usually) binding decision for the disputants.

Correct answer: (b) Arbitration

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the employment act of 1946 answer 8
The mutual exclusion doctrine rules that interest on municipal bonds is free of federal tax, and in return for this, localities and states cannot tax the interest on federal government securities.

Correct answer: (c) exclusion

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the employment act of 1946 answer 9
The ultimate measure of capital efficiency is the amount of returns to investors as a multiple of the capital invested, adjusted by the length of the investment.

Correct answer: (b) efficiency

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the employment act of 1946 answer 10
Based on information from Data Diggers, a company which collects and collates stock lending data from custodians and institutions, it is obvious that a rapid build-up in borrowed stock positions is strongly correlated with short selling.

Correct answer: (a) borrowed

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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EFL/ESL Links: Distribution Compliance Period • Currency vocab restricted, clear, balloon, perfecting • Distribution Compliance Period (Answers) • List of bonds words issue, litigate, married, mean • Retail Sales Phrases • Banking term list receipt, by, at, at butcher • Retail Sales Phrases (Answers) • Accounting terminology window shopper, many, smaller • Financial Supply Chain Management • Ipos terminology sweetener, gone by, hurdle, silos • Financial Supply Chain Management (Answers) • Mergers acquisitions words commensurate • Technical Regulations and Standards • Law estate terms vis-a-vis, convergence, push • Technical Regulations and Standards (Answers) • Lending credit vocab impact, deterrence • Textualism • Currency vocab docket, adherence, ascribe, insofar, aversion • Textualism (Answers) • List of bonds words long, invoked, borne, corners • Public International Law • Banking term list high, amicus, adjudicate, integrity, undue • Public International Law (Answers) • Accounting terminology transcend, vindicating, shaping • Emerging Markets • Investor relations terms windows, landing, up, toll, spike • Emerging Markets (Answers) • Venture capital words aversion, aftermath, backdrop, held • ESL test: The Employment Act of 1946 • Insurance vocabulary borrowed, efficiency, exclusion • ESL Audio Online - English MP3 - English Pronunciation
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