1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.
5 t' P1 g7 v+ ~1 L: s4 ^ A. his voting rights are considered more important) t) N6 |" w: v# _
B. he has the greater right in choosing the board of directors# a8 q b8 |$ u3 U7 H$ v6 u
C. he receives his dividend before the ordinary shareholder
1 Q% T, M# J& ?4 C& M D. he has the right to buy ordinary shares more cheaply
% ~% o3 \, |- D3 Z/ d z* |% R' W 2. What are the two major accounts in the balance of payments? ______.
) h# C7 K& a* ^5 Y/ U K A. Current account and fixed account* a4 m7 v# M6 ^$ @: k5 P
B. Capital account and deposit account
3 \, F0 o' U1 { [4 V! v C. Capital account and current account
: ^' B7 T6 V+ \" I D. The account recording transfer payment and the account including an offsetting transaction( r. b4 L8 O- p h
3. Which of the following is not a financial instrument? ______.
$ M; B8 f% F A+ q- _% F. l ]# l A. Treasury bills
, k# n8 H& i; w4 U. {4 }% w B. Real estate2 Q9 O' y9 y: B. ^* O
C. Mortgages
; m1 u5 \9 ]2 {6 B D. Stocks/ @3 n" ~; N' T
4. The yield to maturity on a bond is ______.
: m' W! F) s; Q. q A. below the coupon rate when the bond sells at a discount, and above the coupon rate when the bond sells at a premium
! C, ]( x; @) T. H0 D8 a B. the discount rate that set the present value of the payments equal to the bond price8 c/ K4 t9 f# a- Y+ H" _$ f- L1 I
C. the current yield plus the average annual capital gain rate
9 ~$ r3 z9 S: D$ Z& K D. based on the assumption that any payments received are reinvested at the coupon rate
* O4 L5 p& Z. R* |# ?# J 5. The annual interest paid on a bond relative to its prevailing market price is called its ______.
; W( \; P, n* m* [; z9 ] A. promised yield
0 i! f" j; l) l. {0 _2 w B. yield to maturity( }4 C1 c* y) H% O( J& n* Z4 \
C. coupon rate
2 L$ v+ o0 I/ I( \( b( i- \5 J# T D. current yield, |4 y. @% C% u* `( a
6. Rapid increases in the price level during periods of recession or high unemployment are known as .- B p" m# }! _- {& I
A. stagnation+ \- Z. @1 ?" ?. m+ P* I
B. stagflation; q. I# L |- h6 ]
C. slump
! `: ~# {' e( r: y" K D. inflation
% H4 f7 K$ r" k 7. A person who left his/her job to look for another job would be classified as ______.5 w9 p% A0 Y+ i; r; l
A. structurally unemployed X. ?. D6 d3 b5 s& M
B. cyclically unemployed
! `/ U4 c/ g6 ]7 N+ a C. frictionally unemployed* N8 B3 _$ {6 u
D. no longer in the labor force
; X4 |4 o& d& T- J& Y& I9 y 8. Which of the following is not included in a statement of owner's equity? ______.来源：5 W. n$ w5 U: N! f! D; Q
A. Net income
. e! [7 b: w/ v# Y2 C' Z+ L B. Unearned revenue
( ~) k: r9 I8 \- n* w$ L C. Dividend
' e) T3 c" K) ` D. Retained earning
. ?/ ~" ^3 k( r# J 9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending,then the U.S. government has ______.
: W+ o% z% p+ o+ v6 g2 O) G5 d A. expansionary monetary policy and contractionary fiscal policy
0 S9 M8 v7 c0 M4 i. G B. contractionary monetary policy and expansionary fiscal policy+ l' R, {' U+ _! U9 s8 z
C. expansionary monetary policy and expansionary fiscal policy
3 a* I" h4 R) U$ P' a7 S( g! S9 H D. ontractionary monetary policy and contractionary fiscal policy, \/ Y: V; Y# I
10. As the real wage rises, the substitution effect causes the worker to consume more ______ and less ______.
2 N: b. q) u3 u) m A. leisure...work
) v. `) i, X1 E( U8 l1 {5 ^ B. work...leisure2 h$ u S% Y1 D i) ^' P
C. work...of all of other goods
. Z, [" o8 a1 R, p$ m6 G, V* I D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
