1. The holder of preference shares has preference over the ordinary shareholders under the following circumstance: _______.& s' V% g0 f3 l) \. O' w
A. his voting rights are considered more important% k) a0 ^1 Y7 Y) L; `( {
B. he has the greater right in choosing the board of directors
! i% \ u& ?* t/ y" a" o C. he receives his dividend before the ordinary shareholder
$ x- w0 D8 R1 m0 M7 @ D. he has the right to buy ordinary shares more cheaply2. What are the two major accounts in the balance of payments? ______.
, D* q' h9 p0 c% m$ M A. Current account and fixed account" m8 [% F* K& d2 Y0 u
B. Capital account and deposit account5 i! ?% u& l* z: p$ J
C. Capital account and current account1 T$ N. p* G2 ]9 z& V) U1 {0 ?7 q
D. The account recording transfer payment and the account including an offsetting transaction3. Which of the following is not a financial instrument? ______./ k) L$ b" G! I4 j( ?( B) o
A. Treasury bills; E6 W: _! w) l
B. Real estate
2 I7 t6 l6 ?# G1 ] o, { C. Mortgages
* ]: C3 n# a7 a3 P2 d. l D. Stocks4. The yield to maturity on a bond is ______.6 v: T$ r8 g( O
A. below the coupon rate when the bond sells at a discount， and above the coupon rate when the bond sells at a premium
1 c( B8 }9 f) P7 e6 g# @ B. the discount rate that set the present value of the payments equal to the bond price: w* P$ `! g; k6 e8 K' K, |
C. the current yield plus the average annual capital gain rate
P/ |) q, _' T& `, m$ `! O 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 ______.- M$ ~$ U& i, d: o5 h% o% F
A. promised yield
( b2 Z- N" l6 y: U6 z. | c B. yield to maturity
; }% z7 }1 U& ^ C. coupon rate
& _/ O& s) V; ?* c$ Y6 T& O D. current yield6. Rapid increases in the price level during periods of recession or high unemployment are known as ., _1 y6 F2 Y1 [3 H2 i
A. stagnation
! S. t3 V9 p7 g* F- T' i B. stagflation$ B0 R; `: I( y# D% @% ~$ @/ e
C. slump; T- Z& g( _. y2 P
D. inflation7. A person who left his/her job to look for another job would be classified as ______.
+ i) Q5 P# W: c' N A. structurally unemployed; {" E5 Z2 Q. S. C
B. cyclically unemployed' v8 w- M: {# y2 f, ~: w3 J' k
C. frictionally unemployed
$ Y' V |: v5 ~# x9 o D. no longer in the labor force8. Which of the following is not included in a statement of owner‘s equity? ______.
3 G. `5 E$ C1 m, W$ s 9. If the Federal Reserve sells bonds and Congress cuts taxes and increases government spending，then the U.S. government has ______.
; @1 Z4 \ e5 w1 C4 ^4 {% T/ ?, f A. expansionary monetary policy and contractionary fiscal policy0 y2 d- @! ~: w; x+ F: o8 j
B. contractionary monetary policy and expansionary fiscal policy% L- y9 Y6 j: ]' x S& Q; |( f
C. expansionary monetary policy and expansionary fiscal policy, ~( N5 D7 J! U+ ? m
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 ______.
0 e* w- p0 F3 K$ k$ y* J A. leisure...work+ n* n. e5 |3 C o9 W' k" N# m
B. work...leisure" M) |5 r8 [8 c. y" ? Z# o/ L" d
C. work...of all of other goods
6 `3 n( v/ |0 d& J* B0 T7 {* G D. leisure...of all other goods |
发表于 2012-8-16 08:05:44
