1 The financial statements that are dated for a time periodare the
6 X9 i% F2 s- A7 P' k9 q A balance sheet and income statement
4 T4 L; G2 R2 s8 Y5 d6 K$ ^ B income statement and statement of cash flows) }; Z7 C9 v: O" L& d+ V: I2 J8 i0 P
C balance sheet and statement of owners‘ equity! _ t/ l2 _: H! r" L! \1 Y
D all of the above* U8 o8 ^$ S0 ]0 a. H7 h
2 Which of the following is an example of off-balance-sheet financing? ______1 l2 t: B+ H& X5 F9 Y/ R$ c
A Operating lease2 L F/ g2 d1 p0 C/ N
B Debenture bonds
# r; A8 n8 [" ^8 x C Current portion of long-term debt
7 t2 ^, W8 M4 T D Convertible bonds$ M5 @0 Z1 d; N- X9 p
3 Borrowers can gain access to the surplus funds of savers ______, V: Z0 [+ ]- l$ D
A by issuing securities to savers
/ v; ~( T2 I0 ~5 J" t B through financial intermediaries% X2 x# j6 W/ a
C by purchasing securities such as stocks and bonds
O' Y5 V3 x2 c# U+ V; p- y( p D all of the above
8 N- t |6 J* ^0 P E both A and B
- J6 i" p% L4 V: m 4 Which of the following assets are most liquid? ______
1 h) k! d! _+ i: I- [: Y5 L' t A High grade corporate bonds( j: V R4 W# ]& e; u4 m
B Time" deposits
! S9 q; A5 M5 D; k C Stocks in General Electric Company4 q7 _0 _- `; C0 H* K& d
D Passbook savings deposits
) M' W W; ^8 ~ 5 Secondary markets for securities
; z! I9 z3 x8 Y A deal only in bonds: q& X- f" K+ Z |/ Q8 I
B are markets primarily for the initial sale of new issues; G4 i7 W J% ]8 O3 F: t8 b% Y
C are markets for trading in outstanding debts and equity claims
) D" ~, e: Z1 w D are also called "investment banks": N2 T$ n7 q: m% X1 M" _
6 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$ c B. }. F6 Y# z, R, k
A future value
- N ?6 m: F7 B; y2 } B present value
: w0 n! v9 S+ l5 B9 z9 ~ z9 j+ z C deflation% s6 `. Q# \0 v0 R2 k* c
D interest5 C. g1 _3 P7 K
7 Which of the following would not result in a credit entry in the China‘s balance of payments?) D7 E) X) V1 N
A The sale of a piece of furniture to a business firm in Japan+ Z# E4 M' q2 o7 H. g/ m9 S( [& d! ?
B Interest and dividends paid on foreign investment in China: s4 a* D4 N% U& E d
C Interests on a Chinese bank deposit in the United Kingdom/ U& @7 g0 K6 C+ x8 w1 \1 _
D An increase in foreign investment in China7 l: U& s3 U, u+ R, D' U$ }$ `
8 Futures contracts can be ______
4 F( |$ H* E" ^) K4 {7 e2 C A used as protection against large price swings0 e6 g/ V; H1 O
B countered by an offsetting purchase or sale
- V* }" f# V7 D/ m1 t# A C participated by hedgers or speculators/ L) V) x3 h- z% K4 ~! ~
D all of the above
" C( o4 H( V4 J3 f) S% Z C 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 ______6 a4 A; y' D( @4 M4 O* m* z: l+ N
A you are able to obtain the necessary funds at a low nominal interest rate
1 v6 \( }2 S4 |: d5 [) c3 @2 h w B the investment does not affect your cost of production$ c2 H' O+ T; }' J9 t8 d6 N K- f
C the present value of future income exceeds the cost of the investment plus interest on any money that you must borrow# d+ d5 b' w8 Y; j) ^3 G* F s0 H
D 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
" }: C& n7 y9 X- f* f, t! F; ~ A more than doubles
: Q2 p. F$ b& W% J: W B less than doubles
# f& M1 c# ^8 s: { C doubles( _4 i% g: S) J7 {8 \$ G7 ^; b) \% M
D might do any of the above g* ]6 j( ~6 X) C% E0 Q
E more information is needed |
发表于 2012-8-16 08:05:44
