11. Which of the following is a determinant of asset demand? ______.
b- Y2 X* Y+ T1 Q9 O( Q/ w A. Expected return
; y y, [! f( {. X. ?" L4 A B. Risk4 m; e8 q, \+ q! e* p; ^% `
C. Liquidity& F; V6 H5 l+ D/ k5 _
D. All of the above" u7 Z& @2 t* ~& R
12. Which of the following items are reported as a current liability on the balance sheet? ____.3 L5 A7 P! x5 L3 C9 e
A. Short-term notes payable
: t {' c! H+ Y _! I B. Accrued payroll taxes
3 Y# K9 B* F/ w1 D) e C. Estimated warranties' A; p$ { }4 j
D. All of the above) U1 x% z% p. K
13. Which of the following is not true of fiscal policy? ______.: C: H' q1 w/ R2 b3 p) z0 m
A. Time lags occur with fiscal policy.# H1 [: V7 V# {7 W7 A
B. Automatic stabilizers help the economy.' e; K/ l# m( ^; A& K4 ~
C. "Crowding out" is not a problem of fiscal policy.
0 L/ |6 b* l+ p; l( q; g D. None of the above.
, g: K' R7 h) g# y/ x( }: A 14. What distinguishes the mortgage markets from other capital markets? ______.) u% M- g$ V8 N
A. Securities in the mortgage markets are collateralized by real estate+ [6 v A$ D- w6 Q i# O
B. The mortgage markets usually involve long-term funds
. J7 U" f3 Q2 y1 G0 h C. Borrowers in the mortgage markets include individuals and businesses
& ?4 U1 K6 [1 l6 h* e D. All of the above
' e$ r( U2 Q; z 15. The process of closing the business, selling the assets, paying the liabilities, and disbursing remaining cash to the owners is called ______.# g5 k; ]/ H* h* G' b6 O
A. withdrawal8 f: n+ |' y# s8 u: ~
B. liquidation+ m+ [8 R' R6 X
C. acquisition
( j3 a- ]" c' ~, C' T- ~" e- R D. dissolution
5 e% a2 q; I- O4 u+ v 16. When an investor is buying stock as an investment, the value of most direct concern is .0 A) O# {/ m0 y* s+ V/ X6 }( ?1 B2 ], I
A. par value
) }9 P) r6 h. M6 J B. liquidation value
1 C9 u9 p n0 @: X+ _: L [. A7 p C. market value5 y2 L: H) p* f8 J+ T3 D6 a! F- M
D. book value6 E. U8 m& b/ R: f9 h9 X
17. Autonomous transactions are ______.
- a# L5 n/ z0 K" |, x; _ A. transactions undertaken by governments to enforce a price (exchange rate ) in the foreign exchange market# [; d# z7 z& x/ M, R
B. transactions that are not undertaken in the pursuit of commercial profit; F# I5 m6 e: p3 n4 y( i% W
C. transactions undertaken for normal commercial motives
|* P: y: d& D" L$ Y6 C, s D. none of the above
6 }2 X# i8 k9 w0 R4 @5 m0 W 18. If taxes decrease, which of the following correctly describes the effects? Disposable income______ consumption ______, and savings ./ J& i& L' J% @2 l3 g
A. increases...decreases...decreases, i: g% B$ o5 K: {0 j6 Y
B. increases...increases...increases& I1 f. \) a( h0 N; O* u, h d
C. decreases...increases...increases% h6 }: r6 }! U+ j$ T$ u, A# z( x
D. decreases...decreases...decreases. o" m2 X: V2 d# {: w' _
19. A successful company's major source of cash should be ______.) u$ A$ G X3 n
A. operating activities& S& }) e2 y( s0 `
B. financing activities
2 T0 n6 @, L# K( ^5 Y, X$ ^ C. investing activities
! t, O8 s" A& J- D. X D. a combination of the above3 ^7 D3 `0 y7 W
20.The price index in 2002 was 160, and in 2003 the price index was 168. What was the inflation rate? ______.* Y! ~' e. F- W/ Y& Q' I5 h* ^
A. 68%
6 F( p# o1 F8 I B. 8%0 B+ k0 U+ _0 `. L' {' r( B
C. 5%
+ w* W& }5 F8 B# h+ B- ~; ]& Z4 G D. indeterminable without knowing the base year |
发表于 2012-8-16 08:05:44
