第一章為何學習金融市場與機構(英文習題及答案)第一章為何學習金融市場與機構(英文習題及答案)第一章為何學習金融市場與機構(英文習題及答案)資料僅供參考文件編號：2022年4月第一章為何學習金融市場與機構(英文習題及答案)版本號：A修改號：1頁次：1.0審核：批準:發布日期：Chapter1WhyStudyFinancialMarketsandInstitutionsSingleChoice1)FinancialmarketsandinstitutionsA)involvethemovementofhugequantitiesofmoney.B)affecttheprofitsofbusinesses.C)affectthetypesofgoodsandservicesproducedinaneconomy.D)doalloftheabove.E)doonlyAandBoftheabove.2)FinancialmarketactivitiesaffectA)personalwealth.B)spendingdecisionsbyindividualsandbusinessfirms.C)theeconomy'slocationinthebusinesscycle.D)alloftheabove.3)MarketsinwhichfundsaretransferredfromthosewhohaveexcessfundsavailabletothosewhohaveashortageofavailablefundsarecalledA)commoditymarkets.B)fundsmarkets.C)derivativeexchangemarkets.D)financialmarkets.4)Thepricepaidfortherentalofborrowedfunds(usuallyexpressedasapercentageoftherentalof$100peryear)iscommonlyreferredtoastheA)inflationrate.B)exchangerate.C)interestrate.D)aggregatepricelevel.5)ThebondmarketsareimportantbecauseA)theyareeasilythemostwidelyfollowedfinancialmarketsintheUnitedStates.B)theyarethemarketswhereinterestratesaredetermined.C)theyarethemarketswhereforeignexchangeratesaredetermined.D)alloftheabove.6)Interestratesareimportanttofinancialinstitutionssinceaninterestrateincrease_________thecostofacquiringfundsand_________theincomefromassets.A)decreases;decreasesB)increases;increasesC)decreases;increasesD)increases;decreases7)Typically,increasinginterestratesA)discouragesindividualsfromsaving.B)discouragescorporateinvestments.C)encouragescorporateexpansion.D)encouragescorporateborrowing.E)noneoftheabove.8)Comparedtointerestratesonlong-termU.S.governmentbonds,interestrateson_________fluctuatemoreandareloweronaverage.A)medium-qualitycorporatebondsB)low-qualitycorporatebondsC)high-qualitycorporatebondsD)three-monthTreasurybillsE)noneoftheabove9)Comparedtointerestratesonlong-termU.S.governmentbonds,interestratesonthree-monthTreasurybillsfluctuate_________andare_________onaverage.A)more;lowerB)less;lowerC)more;higherD)less;higher10)ThestockmarketisimportantbecauseA)itiswhereinterestratesaredetermined.B)itisthemostwidelyfollowedfinancialmarketintheUnitedStates.C)itiswhereforeignexchangeratesaredetermined.D)alloftheabove.11)Stockpricessincethe1950shavebeenA)relativelystable,trendingupwardatasteadypace.B)relativelystable,trendingdownwardatamoderaterate.C)extremelyvolatile.D)unstable,trendingdownwardatamoderaterate.12)Thelargestone-daydropinthehistoryoftheAmericanstockmarketsoccurredinA)1929.B)1987.C)2000.D)2001.13)ArisingstockmarketindexduetohighersharepricesA)increasespeople'swealthandasaresultmayincreasetheirwillingnesstospend.B)increasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.C)decreasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.D)bothAandBoftheabove.14)AdecliningstockmarketindexduetolowersharepricesA)reducespeople'swealthandasaresultmayreducetheirwillingnesstospend.B)increasespeople'swealthandasaresultmayincreasetheirwillingnesstospend.C)decreasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.D)bothAandCoftheabove.E)bothBandCoftheabove.15)ChangesinstockpricesA)affectpeople'swealthandtheirwillingnesstospend.B)affectfirms'decisionstosellstocktofinanceinvestmentspending.C)arecharacterizedbyconsiderablefluctuations.D)alloftheabove.E)onlyAandBoftheabove.16)(I)Debtmarketsareoftenreferredtogenericallyasthebondmarket.(II)Abondisasecuritythatisaclaimontheearningsandassetsofacorporation.A)(I)istrue,(II)false.B)(I)isfalse,(II)true.C)Botharetrue.D)Botharefalse.17)(I)Abondisadebtsecuritythatpromisestomakepaymentsperiodicallyforaspecifiedperiodoftime.(II)Astockisasecuritythatisaclaimontheearningsandassetsofacorporation.A)(I)istrue,(II)false.B)(I)isfalse,(II)true.C)Botharetrue.D)Botharefalse.18)Thepriceofonecountry'scurrencyintermsofanother'siscalledA)theexchangerate.B)theinterestrate.C)theDowJonesindustrialaverage.D)noneoftheabove.19)Astrongerdollarbenefits_________andhurts_________A)Americanbusinesses;Americanconsumers.B)Americanbusinesses;foreignbusinesses.C)Americanconsumers;Americanbusinesses.D)foreignbusinesses;Americanconsumers.20)Aweakerdollarbenefits_________andhurts_________A)Americanbusinesses;Americanconsumers.B)Americanbusinesses;foreignconsumers.C)Americanconsumers;Americanbusinesses.D)foreignbusinesses;Americanconsumers.21)From1980toearly1985thedollar_________invalue,therebybenefitingAmerican_________A)appreciated;businesses.B)appreciated;consumers.C)depreciated;businesses.D)depreciated;consumers.22)MoneyisdefinedasA)anythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.B)billsofexchange.C)arisklessrepositoryofspendingpower.D)alloftheabove.E)onlyAandBoftheabove.23)TheorganizationresponsiblefortheconductofmonetarypolicyintheUnitedStatesistheA)ComptrolleroftheCurrency.B)U.S.Treasury.C)FederalReserveSystem.D)BureauofMonetaryAffairs.24)ThecentralbankoftheUnitedStatesisA)Citicorp.B)TheFed.C)BankofAmerica.D)TheTreasury.E)noneoftheabove.25)MonetarypolicyischieflyconcernedwithA)howmuchmoneybusinessesearn.B)thelevelofinterestratesandthenation'smoneysupply.C)howmuchmoneypeoplepayintaxes.D)whetherpeoplehavesavedenoughmoneyforretirement.26)Economistsgroupcommercialbanks,savingsandloanassociations,creditunions,mutualfunds,mutualsavingsbanks,insurancecompanies,pensionfunds,andfinancecompaniestogetherundertheheadingfinancialintermediaries.FinancialintermediariesA)actasmiddlemen,borrowingfundsfromthosewhohavesavedandlendingthesefundstoothers.B)producenothingofvalueandarethereforeadrainonsociety'sresources.C)helppromoteamoreefficientanddynamiceconomy.D)doalloftheabove.E)doonlyAandCoftheabove.27)Economistsgroupcommercialbanks,savingsandloanassociations,creditunions,mutualfunds,mutualsavingsbanks,insurancecompanies,pensionfunds,andfinancecompaniestogetherundertheheadingfinancialintermediaries.FinancialintermediariesA)actasmiddlemen,borrowingfundsfromthosewhohavesavedandlendingthesefundstoothers.B)playanimportantroleindeterminingthequantityofmoneyintheeconomy.C)helppromoteamoreefficientanddynamiceconomy.D)doalloftheabove.E)doonlyAandCoftheabove.28)BanksareimportanttothestudyofmoneyandtheeconomybecausetheyA)provideachannelforlinkingthosewhowanttosavewiththosewhowanttoinvest.B)havebeenasourceofrapidfinancialinnovationthatisexpandingthealternativesavailabletothosewantingtoinvesttheirmoney.C)aretheonlyfinancialinstitutiontoplayaroleindeterminingthequantityofmoneyintheeconomy.D)doalloftheabove.E)doonlyAandBoftheabove.29)Banks,savingsandloanassociations,mutualsavingsbanks,andcreditunionsA)arenolongerimportantplayersinfinancialintermediation.B)havebeenprovidingservicesonlytosmalldepositorssincederegulation.C)havebeenadeptatinnovatinginresponsetochangesintheregulatoryenvironment.D)alloftheabove.E)onlyAandCoftheabove.30)(I)Banksarefinancialintermediariesthatacceptdepositsandmakeloans.(II)Theterm"banks"includesfirmssuchascommercialbanks,savingsandloanassociations,mutualsavingsbanks,creditunions,insurancecompanies,andpensionfunds.A)(I)istrue,(II)false.B)(I)isfalse,(II)true.C)Botharetrue.D)Botharefalse.31)____wasthestockmarket'sworstone-daydropinhistoryinthe1980s.A)BlackFridayB)BlackMondayC)Bla