国际经济学 金融部分

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1、1.Ifthedollarinterestrateis10percentandtheeurointerestrateis6percent,andtheexpectedreturnondollardepreciationagainsttheeurois8percent,thenA.aninvestorshouldinvestonlyindollars.B.aninvestorshouldinvestonlyineuros.C.aninvestorshouldbeindifferentbetweendollarsandeuros.D.Itisi

2、mpossibletotellgiventheinformation.E.Alloftheabove.Answer:B2.Whichofthefollowingstatementsisthemostaccurate?A.Ariseintheinterestrateofferedbydollardepositscausesthedollartoappreciate.B.Ariseintheinterestrateofferedbydollardepositscausesthedollartodepreciate.C.Ariseintheint

3、erestrateofferedbydollardepositsdoesnotaffecttheU.S.dollar.D.Foragiveneurointerestrateandconstantexpectedexchangerate,ariseintheinterestrateofferedbydollardepositscausesthedollartoappreciate.E.Noneoftheabove.Answer:D3.IndividualsbasetheirdemandforanassetonA.theexpectedretu

4、rntheassetofferscomparedwiththereturnsofferedbyotherassets.B.theriskinessoftheasset’sexpectedreturn.C.theasset’sliquidity.D.Alloftheabove.E.OnlyAandB.Answer:D4.Anincreaseinacountry’smoneysupplycausesA.itscurrencytoappreciateintheforeignexchangemarket,whileareductioninthemo

5、neysupplycausesitscurrencytodepreciate.B.itscurrencytodepreciateintheforeignexchangemarket,whileareductioninthemoneysupplycausesitscurrencytoappreciate.C.noeffectonthevaluesofitscurrencyininternationalmarkets.D.itscurrencytodepreciateintheforeignexchangemarket,whileareduct

6、ioninthemoneysupplycausesitscurrencytofurtherdepreciate.E.Noneoftheabove.Answer:B5.Whichoneofthefollowingstatementsisthemostaccurate?A.Adecreaseinthemoneysupplylowerstheinterestrate,whileanincreaseinthemoneysupplyraisestheinterestrate,giventhepricelevelandoutput.17A.Anincr

7、easeinthemoneysupplylowerstheinterestrate,whileafallinthemoneysupplyraisestheinterestrate,giventhepricelevel.B.Anincreaseinthemoneysupplylowerstheinterestrate,whileafallinthemoneysupplyraisestheinterestrate,giventheoutputlevel.C.Anincreaseinthemoneysupplylowerstheinterestr

8、ate,whileafallinthemoneysupplyraisestheinterestrate,giventhepricelevelandoutput.E.Noneoft