1. In general, the more liquid an asset the ______.' L1 E1 Z2 e% Y; h7 d/ }
A. less it is likely to yield+ X$ S$ t. ]+ t' e6 p
B. greater its risk of default- `3 t2 I5 a0 M& l1 @. e7 j
C. lower its market price will be+ F$ [* W# N" T4 X
D. more it will add to bank profits3 V- I, O3 J- k8 e8 _- O
2. The interest rate printed on the face of a bond is called the ______.) N" N( ?/ s, w
A. coupon rate
2 z" m( C7 I6 ~% y' L B. prime rate
$ z* W K) H8 Z4 G/ A C. printed rate2 K( e* b: ]4 ]! D
D. nominal rate! k: {( W3 i w0 a8 x4 {% E9 x2 P
3. A rise in interest rates leads to ______./ G) V, q8 l7 o
A. capital gains for bondholders
, e- a$ D8 P1 h+ p# k+ ]5 c5 c B. capital losses for bondholders
6 X5 `7 m9 B u7 |+ I C. income gains for bondholders
/ ~4 `( P( M9 _0 ~: G7 u D. income losses for bondholders% z% b: @' H [
4. If the reserve requirement ratio were equal to zero, then ______.: w% F( V6 c0 A: a& q0 T9 I& D
A. the deposit multiplier would be infinitely large+ U. `6 }, F" w
B. required reserves would be equal to zero( u; ^& M3 p( _5 d0 ~
C. the banking system would theoretically be able to create an infinitely large amount of demand deposits
* `5 l* M4 p( J: b0 ] D. all of the above |
发表于 2012-8-16 08:05:44
