1 The financial statements that are dated for a time periodare the
7 j+ s/ Z$ ]$ g* S4 u$ e" @A balance sheet and income statement
" ^* W/ T! ?! @2 u8 `B income statement and statement of cash flows/ j: d+ w& s6 H3 d m
C balance sheet and statement of owners‘ equity: P3 d, k, m [+ I6 U: _* z0 \
D all of the above( I$ R3 j, `: w, S
2 Which of the following is an example of off-balance-sheet financing? ______
; m; b- E9 S$ L; u# KA Operating lease
& ?- U1 ~2 ~+ [* `9 }" i/ O$ F" LB Debenture bonds& T4 e$ A' Y2 V5 ?
C Current portion of long-term debt+ G6 K5 h. d) P, W4 o0 c i
D Convertible bonds
7 ?1 l$ J' [) H+ @8 o- q3 Borrowers can gain access to the surplus funds of savers ______, j1 P- M/ s. r: X, ^2 |9 D* T
A by issuing securities to savers+ J: ~. q7 q0 G6 _6 Z& Q! L. K) F
B through financial intermediaries, R' c. T1 i, T; B; d" K
C by purchasing securities such as stocks and bonds
8 d3 Y# @% [% C6 r& R8 x' iD all of the above
0 F1 s2 w! P% _, X+ NE both A and B
! q& r& \# g! W- i4 Which of the following assets are most liquid? ______
4 l& V C% X; n; tA High grade corporate bonds
y2 ^* Y# G9 R* i# n$ tB Time" deposits
% G1 v7 W0 D: c( xC Stocks in General Electric Company
, }. P+ {0 f5 V3 aD Passbook savings deposits
) G# k; O! x) G6 A0 Q) Z/ k2 f5 Secondary markets for securities ' A- w% z N" y9 W7 g; v
A deal only in bonds
$ B/ S* W! T$ J, o YB are markets primarily for the initial sale of new issues
6 e9 b; S0 o9 z- r" ^: ]" BC are markets for trading in outstanding debts and equity claims: k Y& @" u* `6 Z! X& a* ~
D are also called "investment banks"
6 a! x# G6 U7 t1 R" }0 s6 The concept of ______ is based on the common-sense notion that a dollar paid to you in the future is less valuable to you than a dollar today
, [( X( L: B3 G+ qA future value* q B7 X' n( R+ r$ C! a1 z
B present value
l7 O/ T P! {$ vC deflation
* o$ F7 ^ \& Z# D) ]D interest
- @+ W4 X, G( j6 g/ u3 F1 i7 Which of the following would not result in a credit entry in the China‘s balance of payments? 5 ~ U; B. i1 j: Y! S8 j+ u$ v, I
A The sale of a piece of furniture to a business firm in Japan; i7 r+ \, r" ~- e1 S% R3 N
B Interest and dividends paid on foreign investment in China
5 G, c/ V3 b- dC Interests on a Chinese bank deposit in the United Kingdom1 `6 J) ^7 T: t' Q6 V& X/ S
D An increase in foreign investment in China, o' p9 G: i/ x2 A7 x% _! F
8 Futures contracts can be ______7 A9 z' \* O9 a
A used as protection against large price swings- Q5 i* j3 s- E. D
B countered by an offsetting purchase or sale- O7 _) q' P c: r, l
C participated by hedgers or speculators
/ s0 K; I0 W7 [6 fD all of the above. K: J- |# n$ \; R1 F
9 Suppose that you own a business and are considering expanding your productive capital through an increase in investment spending You will invest only if ______
: ]' i! d' P4 G. E8 H3 SA you are able to obtain the necessary funds at a low nominal interest rate
: n3 e! g1 M W9 |. _% e) ]B the investment does not affect your cost of production6 l2 d$ D$ s: D
C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow
+ A$ ]; ]; }* ?5 A* u$ p( QD you observe that your competitors are expanding their productive capital10 If Y and V are constant， and M doubles， the quantity equation implies that the price level ' z& N; c2 j/ z$ s6 `
A more than doubles+ a2 s' e' v9 F# O( L/ V
B less than doubles- }9 Y' z2 E; n. H# J6 c6 _9 I7 n4 u
C doubles
4 [! h+ U: {5 PD might do any of the above) |( N; }$ B9 Q1 ^, W5 \( O- e
E more information is needed |
发表于 2012-8-16 08:05:44
