1. In general, the more liquid an asset the ______.
9 Q: n$ N- p% \ A. less it is likely to yield! o( G! |0 Q' _3 M9 C5 A
B. greater its risk of default
k7 `" R1 j" n+ a3 Y3 K0 w C. lower its market price will be- Y$ r; q# B' l; P$ I
D. more it will add to bank profits
" t9 }- i6 G1 Y7 D/ y# I 2. The interest rate printed on the face of a bond is called the ______.
/ {3 ~" S( x4 s; _5 O% n/ F/ ]3 d A. coupon rate
6 x' D/ A* n; ~: v+ L B. prime rate* k& K! k9 x& B/ h/ S
C. printed rate5 N& ^9 a1 a/ E0 z: H9 ~
D. nominal rate
3 w3 c2 C. j/ \$ j 3. A rise in interest rates leads to ______.
" _' f+ x, M# v1 O" m A. capital gains for bondholders
8 x& \, S% J! k$ d) d& ^' ~0 f# X B. capital losses for bondholders- s& E) t9 a- ~2 A3 @( r9 w5 K- J/ X3 L
C. income gains for bondholders. n4 T0 d/ A2 L
D. income losses for bondholders4 X2 v p: y) X7 C: z& U4 q5 V
4. If the reserve requirement ratio were equal to zero, then ______.
) z: a! Q+ b8 a& @. n A. the deposit multiplier would be infinitely large
* C9 T) \5 j8 ^' h# q) U U- M8 k B. required reserves would be equal to zero
* u# e) U2 A# c C. the banking system would theoretically be able to create an infinitely large amount of demand deposits, }9 z* L" G! W5 `; K( `
D. all of the above |
发表于 2012-8-16 08:05:44
