1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______., m6 j, q7 O0 l9 _6 E% r8 o
A. his voting rights are considered more important) R, r# l6 X# o
B. he has the greater right in choosing the board of directors C' h$ d0 w" }
C. he receives his dividend before the ordinary shareholder
2 i- F9 v/ y3 Q0 } D. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
. {3 G2 h( k4 H A. Current account and fixed account2 u9 E% f4 V& d5 J( H
B. Capital account and deposit account& U- p6 Q0 c. G3 B; i) {( i
C. Capital account and current account
5 F$ X7 x$ r3 \) b1 n D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______.
% H F6 N" O2 P5 y7 A# E A. Treasury bills
/ Q3 C) W$ V1 o1 Z# N) B B. Real estate$ C6 x% H! ~9 p% W6 R% O8 ?3 q- }; |
C. Mortgages
! p; }- V( U! U( j$ H% ~& Q2 [ D. Stocks4. The yield to maturity on a bond is ______.
0 j/ P3 g0 A. v' n, \' g9 [ A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
# O3 Z$ K: e/ a- z0 u B. the discount rate that set the present value of the payments equal to the bond price
+ L8 n/ F- l1 e, ` C. the current yield plus the average annual capital gain rate4 w2 i2 m4 D! n
D. based on the assumption that any payments received are reinvested at the coupon rate5. The annual interest paid on a bond relative to its prevailing market price is called its ______.
, x! ^6 S) @# V4 _; D- ` A. promised yield
" B0 h5 k: L) Z3 i. M- D1 \7 A B. yield to maturity
7 y" ~( x- u4 G7 M* L& M) T+ C C. coupon rate1 Y# r- s- y& X; n: t. f
D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as .
' q) N# \' x3 Q4 x( E! h. h A. stagnation: x1 e! s( w5 }% e( Z
B. stagflation
' e6 b& p. o3 m; O3 @: k C. slump
0 x) v' E0 l( o. h( y1 J! A D. inflation7. A person who left his/her job to look for another job would be classified as ______.2 L! F6 o5 ]4 J3 C* M$ Y5 O9 l% Y/ C
A. structurally unemployed0 |, P( c* h9 {* t; ?7 O
B. cyclically unemployed
7 s% [: l# n i" e C. frictionally unemployed9 d% |9 k( C7 [
D. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______.+ m8 N% |& p( }9 W5 D4 m) y& w
9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.7 z, Y; J' b1 \6 K8 K _
A. expansionary monetary policy and contractionary fiscal policy6 e. Y+ e0 J# _, K3 O2 {
B. contractionary monetary policy and expansionary fiscal policy
/ E" {& b& q) Y$ e( s! ^2 k, K% o C. expansionary monetary policy and expansionary fiscal policy: w7 k/ a: B. W4 q7 C
D. ontractionary monetary policy and contractionary fiscal policy 10. As the real wage rises， the substitution effect causes the worker to consume more ______ and less ______.
% x% w( |# I1 {9 T) M' Y$ o A. leisure...work' j! L2 B* z, \7 a5 d/ D
B. work...leisure2 P8 Q a9 Q- I* F/ p- `
C. work...of all of other goods. _" J0 E' `0 Z$ y" K- g1 D
D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
