FIN 301 QUIZ 1
Class: D ____ Name:___________________ Student I.D.:________________________
A Multiple Choice (60%)
( ) 1. The gross domestic product is
A) the value of all wealth in an economy.
出国咨询B) the value of all goods and rvices sold to other nations in a year.
C) the market value of all final goods and rvices produced in an economy in a year.
takeawayD) the market value of all intermediate goods and rvices produced in an economy in a year.
( ) 2. Which of the following items are not counted in U.S. GDP ?
A) your purcha of a new Ford Mustang
B) your purcha of new tires for your old car
C) GM's purcha of tires for new cars
D) a foreign consumer's purcha of a new Ford Mustang
( ) 3. The measure of the aggregate price level that is most frequently reported in the media is
A) GDP deflator
B) producer price index
C) consumer price index
D) personal consumption expenditure deflator
( ) 4. Financial markets have the basic function of
A) getting people with funds to lend together with people who want to borrow funds.
B) assuring that the swings in the business cycle are less pronounced.
C) assuring that governments need never resort to printing money.
D) providing a risk-free repository of spending power.
( ) 5. The primary liabilities of a commercial bank are
A) bonds.
B) mortgages.
C) deposits.
D) commercial paper.
( ) 6em的用法. Increasing the amount of information available to investors helps to reduce the problems of the financial markets.
A) adver lection; moral hazard
B) adver lection; risk sharing
C) moral hazard; transactions costs
D) adver lection; economies of scale
( ) 7. The purpo of the disclosure requirements of the Securities and Exchange Commission is
A) increa the information available to investors.
B) prevent bank panics.
C) improve monetary control.
D) protect investors against financial loss.
( ) 8. The regulatory agency that ts rerve requirements for all banks is
A) the Federal Rerve System.
B) the Federal Deposit Insurance Corporation.
一般现在时的构成C) the Office of Thrift Supervision.
D) the Securities and Exchange Commission.
( ) 9. Of money's three functions, the one that distinguishes money from other asts is its function as a
A) store of value.
B) unit of account.
C) standard of deferred payment.
D) medium of exchange.
( ) 10. When we say that money is a stock variable, we mean that
A) the quantity of money is measured at a given point in time.
B) we must attach a time period to the measure.
C) it is sold in the equity market.
D) money never los purchasing power.
( ) 11. If an individual moves money from currency to a demand deposit account,
A) M1 decreas and M2 stays the same.
2012高考理综全国卷B) M1 stays the same and M2 increas.
C) M1 stays the same and M2 stays the same.
D) M1 increas and M2 stays the same.
( ) 12. Which of the following are true of fixed payment loans?
A) The borrower repays both the principal and interest at the maturity date.
B) Installment loans and mortgages are frequently of the fixed payment type.
C) The borrower pays interest periodically and the principal at the maturity date.
my dream英语作文D) Commercial loans to business are often of this type.
初中英语作文常用句型( ) 13. The interest rate that equates the prent value of payments received from a debt instrument with its value today is the
A) simple interest rate.
B) current yield.
hydrogenationC) yield to maturity.
D) real interest rate.
( ) 14. In which of the following situations would you prefer to be the lender?
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A) The interest rate is 9 percent and the expected inflation rate is 7 percent.
Bmugler) The interest rate is 4 percent and the expected inflation rate is 1 percent.
C) The interest rate is 13 percent and the expected inflation rate is 15 percent.
D) The interest rate is 25 percent and the expected inflation rate is 50 percent.
( ) 15. If the interest rates on all bonds ri from 5 to 6 percent over the cour of the year, which bond would you prefer to have been holding?
A) A bond with one year to maturity
B) A bond with five years to maturity
C) A bond with ten years to maturity
D) A bond with twenty years to maturity
( ) 16. An equal increa in all bond interest rates
A) increas the return to all bond maturities by an equal amount.
