1. In general, the more liquid an asset the ______.
]& C/ l* f3 r$ B8 {! X A. less it is likely to yield
9 G3 W; n2 n0 [ B. greater its risk of default
9 `; ? \' T' e$ s0 x8 ] C. lower its market price will be! c8 E) \! c" T) d" u0 a, Q, k
D. more it will add to bank profits
" z/ v/ X/ R; o* |% {' u v3 g 2. The interest rate printed on the face of a bond is called the ______.
1 o6 P$ K- e2 ?7 K7 C A. coupon rate' Y Q/ d; B1 D7 R2 s; @1 D. E
B. prime rate
! H$ P% }9 \. U7 f7 C4 g6 @ C. printed rate+ ]% f2 }' L8 d! P" C i# U
D. nominal rate: G5 o2 C0 s* G- C% K: Y
3. A rise in interest rates leads to ______.! s/ K# k9 Y5 Z
A. capital gains for bondholders
. {; Y1 I, W! T4 K B. capital losses for bondholders
1 d2 v! f# n: }+ q* ^: R C. income gains for bondholders
; |& Z# W0 N' Y7 z, N+ U D. income losses for bondholders
' ]" r I: O2 g3 U* z, h1 ^ 4. If the reserve requirement ratio were equal to zero, then ______.
7 H- ~* q/ j7 ?4 F6 ~4 M9 X/ y A. the deposit multiplier would be infinitely large( v" [$ x- C: d, i2 y" E! j
B. required reserves would be equal to zero, k: _ s1 d4 _
C. the banking system would theoretically be able to create an infinitely large amount of demand deposits- X( f& ~' t, w3 ]: m# p( F
D. all of the above |
发表于 2012-8-16 08:05:44
