1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.1 s2 c) i9 y0 D7 ^, P/ o
A. his voting rights are considered more important2 U% @3 d. F/ E# `7 P5 w" U) e5 H k! ~
B. he has the greater right in choosing the board of directors
" c+ Y8 f% ?* u1 \, ? p C. he receives his dividend before the ordinary shareholder" m% \- k7 _+ ]; ?3 C6 Q
D. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
4 n9 n$ t- g9 R$ Z; u A. Current account and fixed account
9 M- g y; s* B G" H6 o! G; Y B. Capital account and deposit account
, l( ?! Q* G2 v C. Capital account and current account
$ x$ o* x2 R( `" a. E6 J+ |" z' E D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______.
4 p( s5 G6 B3 n5 s A. Treasury bills/ I' f& p% @* Y
B. Real estate
+ ]; E0 J$ X9 j7 H( w* i- v C. Mortgages9 T% i: s- h* I& ^
D. Stocks4. The yield to maturity on a bond is ______.& L2 D: W* x8 U8 v$ Q0 u' e, @
A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
, r" J/ L& K; f5 P B. the discount rate that set the present value of the payments equal to the bond price; }9 p( b3 A/ q4 ]) n1 B! [* F/ ?
C. the current yield plus the average annual capital gain rate5 ]8 P# g7 E \: ` L8 S3 v4 s
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 ______.
0 J( E$ O' F: M x/ _4 c. ^% z. W A. promised yield3 W. y1 r0 b8 v. ?7 R# ]8 J
B. yield to maturity/ {" y0 X4 w& J- K+ e6 b1 M
C. coupon rate$ G0 b) u4 Y* p$ h9 g
D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .
# @& b+ t+ ?3 L9 [. O6 \+ _, V A. stagnation! m9 Z/ y. y8 x# p+ e) {
B. stagflation2 Y4 u+ l) Q. L9 z8 A2 y- m
C. slump) I: [" p' V' Y: _6 `
D. inflation7. A person who left his/her job to look for another job would be classified as ______.( A+ [) y, C- G3 n! I: g+ Z
A. structurally unemployed
& A! P( S1 y9 h- d- O/ ]+ } B. cyclically unemployed+ L3 D5 \: _. c5 Y& t$ X
C. frictionally unemployed
& z* n+ @# L. s' ~% { D. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______.9 O6 v% u3 g& s3 \
9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.
( S' ~* C/ p9 z; d+ y A. expansionary monetary policy and contractionary fiscal policy, h+ P6 V8 j6 W i
B. contractionary monetary policy and expansionary fiscal policy
- q3 C: S |. J3 [" _ a C. expansionary monetary policy and expansionary fiscal policy }' g i. l# O- n5 D
D. ontractionary monetary policy and contractionary fiscal policy 10. As the real wage rises， the substitution effect causes the worker to consume more ______ and less ______.
5 q) U! [* c0 G k# ~ A. leisure...work* x) t+ k0 t# Z# e7 j
B. work...leisure
7 p9 Z1 t" u" C& X C. work...of all of other goods7 q4 k$ x3 _0 G# D/ n; X8 W
D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
