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11. Which of the following is a determinant of asset demand? ______.1 O9 A" G# l6 G0 B2 m
A. Expected return
5 c7 \, A+ J4 Y% O! S- BB. Risk
; m& `0 U( `7 _( tC. Liquidity
- U9 @9 b/ g& j4 o* y2 m; Q; eD. All of the above
3 M3 m1 p! h. n6 P% G2 [% ?, s12. Which of the following items are reported as a current liability on the balance sheet? ____.
) Y6 y& }; d2 ]: z1 vA. Short-term notes payable
0 w& t. H& o, C* Z2 k/ b m6 h: nB. Accrued payroll taxes
; i) f* S/ |9 F( T$ tC. Estimated warranties
6 @6 f+ [ _5 BD. All of the above
) s* D* C2 W" p; ~1 q# [' p2 J13. Which of the following is not true of fiscal policy? ______.4 v! n" o0 S6 V& ]0 v: ^
A. Time lags occur with fiscal policy.
" y/ n% P1 {+ l* f! ~5 E! NB. Automatic stabilizers help the economy.
7 W& y& L* f4 P- X; kC. "Crowding out" is not a problem of fiscal policy.- t2 }" e. Y1 w4 d
D. None of the above.
& D" U0 Y4 ~. D14. What distinguishes the mortgage markets from other capital markets? ______.8 l- S$ R" f- t/ @5 H a
A. Securities in the mortgage markets are collateralized by real estate
( z* R& C/ }- z. dB. The mortgage markets usually involve long-term funds# E3 e, ]3 M' X/ j% o; m
C. Borrowers in the mortgage markets include individuals and businesses9 z7 A) d3 ^: ]( o% A
D. All of the above3 {9 Z( @ G) R9 D$ M. [' L
15. The process of closing the business, selling the assets, paying the liabilities, and disbursing remaining cash to the owners is called ______.+ s! b/ Y/ y) y* k, o
A. withdrawal- i! o8 E4 e1 X4 A: E! ^+ ^, t( ]
B. liquidation
9 {+ m5 M$ s8 o, f: W8 w! R. oC. acquisition
* q F8 t! s7 jD. dissolution
9 |3 c1 q3 d. C4 \+ H+ c; J9 d5 z16. When an investor is buying stock as an investment, the value of most direct concern is .
( {; e2 J7 I: L- g( pA. par value8 S/ m# d- S- L
B. liquidation value4 J& L7 @- G$ v
C. market value+ q, D# d* m3 t2 j3 U9 N/ I
D. book value
4 ?/ }3 K+ i f& A17. Autonomous transactions are ______.8 U. W. B& ?# B3 ~
A. transactions undertaken by governments to enforce a price (exchange rate ) in the foreign exchange market+ m$ l2 W5 Y) j
B. transactions that are not undertaken in the pursuit of commercial profit
0 o$ @4 o8 V, eC. transactions undertaken for normal commercial motives4 y6 D0 V- U* O6 t6 N @3 Z
D. none of the above* a- o$ u6 y- E3 D! b9 z, }
18. If taxes decrease, which of the following correctly describes the effects? Disposable income______ consumption ______, and savings .1 k; J; I3 W7 `2 f2 ?! K' b
A. increases...decreases...decreases
/ U- E$ j- b( |' W7 cB. increases...increases...increases
: a3 Z) d. R) g" l7 TC. decreases...increases...increases; I7 L, T6 ?2 k. \( C/ X
D. decreases...decreases...decreases
' G, U# [3 i& m19. A successful company's major source of cash should be ______.5 ~1 _; v3 |: v/ J
A. operating activities4 R. u1 Y3 m' M; s
B. financing activities; p5 d6 t, ? r! j- x" ] }# R
C. investing activities, @% j) e/ L+ |/ [, B
D. a combination of the above
1 I' {/ o2 X% f J3 {20.The price index in 2002 was 160, and in 2003 the price index was 168. What was the inflation rate? ______.
$ W0 r; @! _. x* ?/ ~9 qA. 68%- ^% v1 G2 a5 e2 a5 ]
B. 8%
* |) d C4 l, y! P N; P- i- GC. 5%8 \, V9 E/ N. L f5 j4 K: C7 }/ b' s3 c( }
D. indeterminable without knowing the base year |
发表于 2012-8-16 08:05:44
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