11. Which of the following is a determinant of asset demand? ______.. N# G/ @( B: b+ P7 e
A. Expected return, z& ]* I' d+ \1 v4 i& U( W9 t3 X$ G
B. Risk
/ s2 d/ q+ D1 E% v C. Liquidity
2 V) y4 q6 t l* i% q D. All of the above
1 {3 G4 C9 J7 j' [$ h' n 12. Which of the following items are reported as a current liability on the balance sheet? ____.
2 F' ~* y/ [ ?; x% I A. Short-term notes payable8 S3 r9 e5 g) g4 ]2 _" S2 w0 _# h. `% o5 I
B. Accrued payroll taxes
. Q2 X0 O' i$ T5 ] C. Estimated warranties0 Z* [1 P! e, W& y2 j& G4 Q$ m
D. All of the above: R: B$ \7 C1 G3 H/ l
13. Which of the following is not true of fiscal policy? ______.
; V6 U! W7 t* ?- Y A. Time lags occur with fiscal policy.
7 l5 B5 b; K1 ^; z B. Automatic stabilizers help the economy.+ S6 n, M8 x) U/ d, E! b/ ?- p9 K( `
C. "Crowding out" is not a problem of fiscal policy.
$ ~) f$ i, f4 S8 u7 W$ R0 x D. None of the above. `* a- l0 |, \ a# f7 }# v$ B
14. What distinguishes the mortgage markets from other capital markets? ______.1 C9 R' Q, X2 }- O( `; v
A. Securities in the mortgage markets are collateralized by real estate j$ s- N8 Y$ C' U1 x6 h4 r* w) ^
B. The mortgage markets usually involve long-term funds
& M2 b+ @! p- x5 e C. Borrowers in the mortgage markets include individuals and businesses3 m8 G8 S4 \; O: H0 ]' K
D. All of the above
/ x9 G+ C9 D+ a/ h 15. The process of closing the business, selling the assets, paying the liabilities, and disbursing remaining cash to the owners is called ______.
0 G# @9 N: l; W- V9 y) N4 w A. withdrawal/ Y( O3 I; w/ p0 R# s" S5 m1 A
B. liquidation
6 k3 ~$ c% F- s6 }0 w C. acquisition
B9 j2 y+ I8 D# w D. dissolution
- P- h8 U4 \! W7 x. f' [, b5 T5 B 16. When an investor is buying stock as an investment, the value of most direct concern is .
7 Z5 h$ f& [8 I7 k8 g0 } A. par value2 W9 w, \7 E3 p: U
B. liquidation value
2 E& T% c2 e5 s( p C. market value
( o9 ^2 F: y; U' L D. book value$ Y6 a& H, z! c5 [
17. Autonomous transactions are ______.4 F& Q1 z1 L+ _4 @+ I2 {
A. transactions undertaken by governments to enforce a price (exchange rate ) in the foreign exchange market: |# r# i9 ^/ ^! }; j: }' q
B. transactions that are not undertaken in the pursuit of commercial profit
7 X) u0 p2 ^; O( y% W4 }; q! _ C. transactions undertaken for normal commercial motives8 E/ k9 o4 Z9 U! f
D. none of the above
' c, l8 K1 j% K/ e R7 W4 }5 x7 \ 18. If taxes decrease, which of the following correctly describes the effects? Disposable income______ consumption ______, and savings .
7 |. D9 U' N: N$ I A. increases...decreases...decreases5 c& p! G( x: ]6 {
B. increases...increases...increases" j( [+ W0 Z/ @8 c, c% z1 o* @
C. decreases...increases...increases# N5 Y& r1 o1 @6 r
D. decreases...decreases...decreases7 N. n" X6 \9 E3 w" u, \
19. A successful company's major source of cash should be ______.
- U' f$ _4 k* h4 m A. operating activities
! r1 m2 x( ], P B. financing activities- m5 q7 \' }2 F, X0 V3 G1 i1 f
C. investing activities0 Z/ b3 f7 k# s9 r. v3 P1 X
D. a combination of the above
7 q$ ^& y8 I" p, |) e 20.The price index in 2002 was 160, and in 2003 the price index was 168. What was the inflation rate? ______.: g& H) L. e& A2 K. |2 P0 g
A. 68%) `* Q& x. Y$ m/ C
B. 8%% [8 v( x; K7 r: m, L- w1 ]
C. 5%5 G9 m. v" j2 K
D. indeterminable without knowing the base year |
发表于 2012-8-16 08:05:44
