儿童谜语大全
货币银行学092期末试卷（A卷）
江西财经大学
09－10学年第二学期期末考试试卷
试卷代码：12423A 授课课时：48课时
课程名称：货币银行学适用对象：国际学院学生
试卷命题人李静试卷审核人王耀德
Part I. This part has 20 Multiple Choice Questions and each one is worth 1 points. The total points for this part are 20 points. Plea choo only one answer for each question.
1)Money supply models tend to focus on the monetary ba rather than on rerves since
烟花怎么画简单又漂亮(a)Fed actions have no effect on rerves but have a predictable effect on the monetary ba.
(b)Fed actions in general have little effect on rerves but have a predictable effect on the monetary
ba.
(c)Fed actions have a more predictable effect on the monetary ba.亲亲的好处
(d)none of the above.
2)The price of a futures contract at the expiration date of the contract
(a)equals the price of the underlying ast.
(b)equals the price of the counterparty.
(c)equals the hedge position.
(d)equals the value of the hedged ast.
3)If the liquidity effect is larger than the other effects, an increa in money growth will
一家三口幸福的句子(a)lower interest rates.
海洋地理(b)rai interest rates.
(c)cau interest rates to ri initially but then fall below the initial level.
(d)cau interest rates to fall initially but then ri above the initial level.
柳世权4)Deposit insurance
(a)attracts risk-prone entrepreneurs to the banking industry.
(b)encourages bank managers to take on greater risks than they otherwi would.
(c)reduces the incentives of depositor s to monitor the riskiness of their banks’ ast portfolios.
(d)does all of the above.
5)The _____ are the costs associated with deposit outflows, the _____ excess rerves b
anks will want to
hold.
(a)lower; more
(b)higher; less
(c)higher; more
(d)None of the above, since deposit outflows cannot be anticipated.
6)The formula linking the money supply to the monetary ba is大学生学业规划书
(a)M＝m＋MB..
(b)M ＝m×MB.
(c)m ＝M ×MB.
(d)MB ＝M ×m.
7)If interest rates are expected to fall in the future, the demand for long-term bonds today _____ and the
demand curve shifts to the _____.
(a)ris; right
(b)ris; left
(c)falls; right
(d)falls; left
8)Money is defined as
(a)bills of exchange.
(b)anything that is generally accepted in payment for goods and rvices or in the repayment of
debt.
(c)a risk-free repository of spending power.
(d)the unrecognized liability of governments.
9)Federal rerve asts include
(a)government curities.
(b)bank rerves.
(c)currency in circulation.
(d)all of the above.
10) Using the one-period valuation model, assuming a year-end dividend of $0.50, an expected sales price of $50, and a required rate of return of 10%, the current price of the stock would be
(a)$50.50.
(b)$50.00.
(c)$45.91.
(d)$45.00.
11) If wealth decreas, the demand for common stocks _____ and that of long-term bonds _____.
(a)increas; increas
(b)increas; decreas
(c)decreas; decreas
(d)decreas; increas
公司团队12)The Fed us three policy tools to manipulate the money supply: open market operati
ons, which affect
the _____; changes in discount lending, which affect the _____ by influencing the quantity of discount loans; and changes in rerve requirements, which affect the _____.
(a)money multiplier; monetary ba; monetary ba
(b)monetary ba; money multiplier; monetary ba
(c)monetary ba; monetary ba; money multiplier
(d)money multiplier; money multiplier; monetary ba
13)Which of the following statements are true?
a)A bank’s asts are its sources of funds.
b)A bank’s liabilities are its us of funds.
c)A bank’s balance s heet shows that total asts equal total liabilities plus equity capital.
d)Each of the above.
14)The objectives of the Federal Rerve in its conduct of monetary policy include
a)economic growth.
b)price stability.
c)high employment.
d)all of the above.
15)Which of the following is not one of the eight basic puzzles about financial structure?
a)The financial system is among the most heavily regulated ctors of the economy.
b)Issuing marketable curities is the primary way business finance their operations.
c)Indirect finance, which involves the activities of financial intermediaries, is many times more
important than direct finance, in which business rai funds directly from lenders in financial
markets.
d)Banks are the most important source of external funds to finance business.
