1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.
& N: X6 O$ o! B$ E$ V6 SA. his voting rights are considered more important
# ]! f4 l+ t7 C# z; z4 U# tB. he has the greater right in choosing the board of directors
- T( A/ g) Y8 l) g+ ^C. he receives his dividend before the ordinary shareholder
. k2 V# z; e& m+ OD. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
' @ P5 L2 ~. o6 H; ~A. Current account and fixed account
& l& A6 m! [; X& {: T% ^B. Capital account and deposit account6 t D, r z2 V4 \( X, I
C. Capital account and current account
& |4 Z% F* I& v, | s5 WD. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______.
: r# A# G* q+ X) Z9 o0 dA. Treasury bills
0 r' n; S) p1 f; T* cB. Real estate
" O+ i6 Z; a# g; gC. Mortgages
+ M3 C( D+ {0 e5 [: V$ F' m: S' oD. Stocks4. The yield to maturity on a bond is ______.9 X9 w- l' W; R! ~
A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
( Z* u2 }( _. d' F8 Q9 E! QB. the discount rate that set the present value of the payments equal to the bond price& ~1 _+ @6 v K
C. the current yield plus the average annual capital gain rate$ b, \6 d! \/ _9 X! u) F
D. based on the assumption that any payments received are reinvested at the coupon rate5. The annual interest paid on a bond relative to its prevailing market price is called its ______.
2 y0 o6 ~) p( I2 U0 C7 `A. promised yield, ~3 U d$ `' z# t# h
B. yield to maturity2 ^( ~; y! r7 N) x3 P n. j
C. coupon rate9 w# H% \, j9 q3 M0 f4 ~
D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .
" `% V0 A4 Q+ T7 } U9 O/ M2 dA. stagnation5 N; a1 X& T- R* Z) \) p5 L: t% k5 C
B. stagflation
3 ~- ^8 N H3 DC. slump
. w9 j* g: N* ?D. inflation7. A person who left his/her job to look for another job would be classified as ______.
0 O* y- S2 |% ]/ hA. structurally unemployed
. W1 E5 E# Q( ~& ]1 c% S8 e6 PB. cyclically unemployed; w1 v6 s( k6 C. ]5 q5 } R" r
C. frictionally unemployed
# |. o: [7 z* G' P7 U2 e, eD. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______. 9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.) R( T- k8 E5 }
A. expansionary monetary policy and contractionary fiscal policy
/ x; K; v0 W W( ? EB. contractionary monetary policy and expansionary fiscal policy" z4 e5 O; a5 c4 ?' V/ `; ?# F4 w
C. expansionary monetary policy and expansionary fiscal policy
9 T- T2 {, b* J C8 DD. ontractionary monetary policy and contractionary fiscal policy 10. As the real wage rises， the substitution effect causes the worker to consume more ______ and less ______.
6 d+ ~. @5 l) q8 kA. leisure...work
1 u5 Z' k! b- p$ O+ J* Y6 J1 C7 GB. work...leisure
) _0 ]$ o6 \ }. y8 WC. work...of all of other goods! n& O4 R) K, X+ |+ M: i" p
D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
