1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.
! r# C3 n: ]1 H+ i: P1 aA. his voting rights are considered more important
1 A! n1 C5 T' R% \1 oB. he has the greater right in choosing the board of directors
' W# q, g# q1 H! T# CC. he receives his dividend before the ordinary shareholder( e" I# E' V/ o, ? Q f7 D1 }6 Q
D. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
4 N: D% H2 q) M" Z2 oA. Current account and fixed account 4 s% M; h3 l! O \; x
B. Capital account and deposit account
: R! F K% Q$ Z( c4 OC. Capital account and current account' u- z# M& B1 c, K; S
D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______." \' L B8 Z5 I$ c3 R1 s) a5 |4 X U
A. Treasury bills
, g1 W+ F3 M7 K YB. Real estate
2 n% q9 c$ J3 p( a) ?9 vC. Mortgages9 ?0 H% [* W4 k% X* d
D. Stocks4. The yield to maturity on a bond is ______.
- i6 U- K; ?0 |; MA. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
' W9 r/ g+ c4 H0 s! |4 I* O$ WB. the discount rate that set the present value of the payments equal to the bond price
+ a% p. O0 q FC. the current yield plus the average annual capital gain rate
3 ?4 O& g E6 ~- p T% CD. 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 ______.
4 r, y& r% o5 Z' |A. promised yield
2 b, P4 W& ^9 s3 X# ?" TB. yield to maturity/ u9 \' g' B& b) v
C. coupon rate% U, U- J/ Y/ ^, q
D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .5 p1 ?, j5 V$ C8 b3 Q7 u
A. stagnation8 V0 k9 U' l# ]1 @0 Z
B. stagflation* F1 ~9 p& K; U# |, T% X( x
C. slump
% n9 Z! q; o) O3 S3 r' xD. inflation7. A person who left his/her job to look for another job would be classified as ______.
9 c4 G7 f w( s6 z8 c2 N( {" _A. structurally unemployed
4 R! O t/ r- x6 ^* F+ y) e9 p% xB. cyclically unemployed. B- o1 U5 V% l& n8 P/ [4 D" X
C. frictionally unemployed: Y+ Z- M5 u& B. @7 D6 i0 { v2 c
D. 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 ______.
4 g) [/ P& C' s( S% uA. expansionary monetary policy and contractionary fiscal policy
. E2 d+ V+ ^/ c UB. contractionary monetary policy and expansionary fiscal policy
! D! D5 c7 x3 i& d: m3 y' t* K' ]C. expansionary monetary policy and expansionary fiscal policy
$ x1 |5 t7 B$ PD. ontractionary monetary policy and contractionary fiscal policy 10. As the real wage rises， the substitution effect causes the worker to consume more ______ and less ______.
" ?* z) y! v7 i( ~" D! CA. leisure...work
# L4 \0 J7 C. K6 R0 jB. work...leisure- M' ^2 v! n4 D, f) z
C. work...of all of other goods0 K, X3 ?8 _9 n9 z Z
D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
