1 The financial statements that are dated for a time periodare the 4 |! B) _5 l5 Z- R& n4 \6 g+ x u
A balance sheet and income statement
1 `( I" K' v8 f2 E" |3 H7 Q) ~B income statement and statement of cash flows+ z% u: `6 v" Y3 C* G
C balance sheet and statement of owners‘ equity& V( u5 s$ R. }4 n
D all of the above
" n- ^5 p$ s" @2 I5 E2 Which of the following is an example of off-balance-sheet financing? ______3 H2 n7 Z& `8 T
A Operating lease* v- [. i. h+ j1 R7 ]
B Debenture bonds, \& k) S; `' c3 D6 @& q- a W- \$ I/ i
C Current portion of long-term debt2 t' O. K" |2 H+ p7 H. U' s8 E/ i! |
D Convertible bonds( v) q8 Z! g/ `
3 Borrowers can gain access to the surplus funds of savers ______1 F' h/ |5 j N/ Q$ [$ K
A by issuing securities to savers! _2 p. D# D5 b. z4 K9 W
B through financial intermediaries
' V- ]7 C9 b% f/ B! o0 P: BC by purchasing securities such as stocks and bonds
- H" I/ c! w5 j6 b, w, ]D all of the above
! \, i" L* K7 A/ ^$ FE both A and B
3 `& x T& t. F1 a2 `6 ]( Y4 Which of the following assets are most liquid? ______+ O* I$ I( @8 ~" O
A High grade corporate bonds
, ]/ r, T0 g9 N1 \8 V! Z; S& MB Time" deposits
) F3 U3 M* L" k2 O( a3 f) n' zC Stocks in General Electric Company
/ v% M; F) U; n! n1 MD Passbook savings deposits0 [ S: }: `" N4 S& l; X& ]: |" n
5 Secondary markets for securities
& `. j" J+ p0 `2 v. bA deal only in bonds
: u# r2 H* e- z9 JB are markets primarily for the initial sale of new issues
# Z8 I% m. q* d8 S, DC are markets for trading in outstanding debts and equity claims6 M9 t" E; \. ?. e% P, o6 ~8 r
D are also called "investment banks"
( P! u. X: G; x+ Z. y6 The concept of ______ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today
( |" S3 } A1 i3 h& K% uA future value
' D, |( W+ j _" IB present value+ u$ m9 |; |' N" I2 {2 O
C deflation: m- d" A3 p5 g' I/ c& b
D interest6 R0 G2 b8 ]* l+ T& ]! G
7 Which of the following would not result in a credit entry in the China‘s balance of payments?
! \/ Z4 X4 R iA The sale of a piece of furniture to a business firm in Japan$ z+ G y8 f: {) m# b
B Interest and dividends paid on foreign investment in China
0 Z8 t0 I8 y U$ n$ uC Interests on a Chinese bank deposit in the United Kingdom
& v i9 h1 W- R* _& u% TD An increase in foreign investment in China( F- z: B( j4 x2 B
8 Futures contracts can be ______% s& s- v$ H$ K. f3 X
A used as protection against large price swings5 K- c/ R' i. r! L" M' u) e! N
B countered by an offsetting purchase or sale. V2 J; d# q1 z/ c- a1 S% m
C participated by hedgers or speculators* ~7 k6 ^, N4 [$ p$ @# b# R6 {8 {
D all of the above
- v' R( Y; h5 J1 W0 A- x9 Suppose that you own a business and are considering expanding your productive capital through an increase in investment spending You will invest only if ______ {) }5 n. a- ?, c. O) \( ]5 C# X
A you are able to obtain the necessary funds at a low nominal interest rate/ Y& S3 a+ c& Z8 X
B the investment does not affect your cost of production( c# s& c: I* a/ K5 L' Q
C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow' E8 @1 R: o: o5 W/ z G" t
D you observe that your competitors are expanding their productive capital10 If Y and V are constant， and M doubles， the quantity equation implies that the price level - ?9 ^* B+ b' t) {; Q; c( `" K
A more than doubles
9 z! F" w% z# h$ k7 G% ^B less than doubles
7 \) A# w% b, k: Z, z" \C doubles
$ Z$ n2 e" N, m0 Y2 n- ^* C+ eD might do any of the above
! a w/ i ]# }8 L: yE more information is needed |
发表于 2012-8-16 08:05:44
