1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.5 [* O, J. K' I/ H* Y
A. his voting rights are considered more important
) G9 A4 H- m0 u' x" J B. he has the greater right in choosing the board of directors
- Y4 ?/ v* E. A0 r/ u C. he receives his dividend before the ordinary shareholder
: n2 I$ W# r& m: n k" v5 r D. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
5 ?9 S0 D, q/ v. n/ ` A. Current account and fixed account
7 v$ E$ D2 b# [1 {% D2 N B. Capital account and deposit account
5 p6 G8 S8 G, J S: @ C. Capital account and current account
' A* R) U/ V( T6 s# x7 G% }" X D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______.& m) p: P/ p4 }( q6 r1 i
A. Treasury bills
; v" {" \% l, M- c3 I) ?. C B. Real estate
+ V7 O2 _7 p# ^) U! m2 } C. Mortgages. S" _# J7 p# k' F5 \7 Y
D. Stocks4. The yield to maturity on a bond is ______.$ p3 O' t- }6 o7 O! p
A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
: f e: D# b* P" [6 v B. the discount rate that set the present value of the payments equal to the bond price
+ r: J7 E' A" _, G+ C$ v, i, y C. the current yield plus the average annual capital gain rate5 C2 h# }! Y3 B `$ ?( I
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 ______.6 S& H3 ^! }& u* e
A. promised yield1 w: w: j+ a( {# v
B. yield to maturity
3 B8 w5 S5 H* i C. coupon rate( m! j+ j2 @+ J( f) r. e
D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .. y+ u' A0 M+ ^8 c' {
A. stagnation# P* B7 Z S5 b* l, q9 @7 b }
B. stagflation
: B2 c5 t. N: w( Y% F C. slump' Z2 _5 m. w9 }
D. inflation7. A person who left his/her job to look for another job would be classified as ______.
1 d3 u" E- W t, ^5 U A. structurally unemployed
3 q. n( w$ U5 J9 D1 E B. cyclically unemployed# D2 Q, ^# K6 d. t- b9 I; {
C. frictionally unemployed
4 u6 n d7 J7 l% |, L D. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______.
! \# S# b0 C# y* J8 G 9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.
6 M W* |' v. W6 Z3 I A. expansionary monetary policy and contractionary fiscal policy* O2 I% [0 r1 G& H3 O6 o
B. contractionary monetary policy and expansionary fiscal policy
/ b3 j6 ?2 G, { C. expansionary monetary policy and expansionary fiscal policy6 K: |7 ~0 [) c/ b
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 ______.
" u. _* I% T; {$ \ A. leisure...work
) R( y, U+ \) E1 o( ` B. work...leisure
3 i7 H" Y. N3 |) f, A C. work...of all of other goods
' G" N4 i1 z* P0 ^1 a8 V" g! }4 l D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
