资源描述：
《2012年金融专业英语证书考试fect模拟试题及答案(1)》由会员上传分享，免费在线阅读，更多相关内容在应用文档-天天文库。
1、www.TopSage.com大家网9/92012年金融专业英语证书考试FECT模拟试题及答案-8SECTIONONE(Compulsory)：Single-choicequestions Multiple-choicequestions:fromthefollowingfouroptions,selectacorrectandfillinitslabelingthebrackets.(Atotalof10points) 1.TomcannottellthedifferencebetweenCokeandPepsi.ForTom,thesegoo
2、dsare:() A.Perfectsubstitutes. B.Perfectcomplements. C.Necessities. D.Noneoftheabove. 2.SupposetheeconomyisrunningatthelevelofpotentialGDP,anincreaseingovernmentspendinginthelongrunwill___thepriceleveland___theoutputlevel, A.Increase,notchange B.Increase,increase C.Incr
3、ease,decrease D.Decrease,increase 3.Foranaturalmonopoly,theoptimalpolicyforaregulatortosetisapricesuchthat:() A.Thepricelevelequalsmarginalcost. B.Thepricelevelequalsaveragevariablecost. C.Thepricelevelequalsaveragetotalcostbuthigherthanmarginalcost. D.Thepricelevelislowe
4、rthanmarginalcostbuthigherthanaveragetotalcost. 4.IfADshiftstotherighttoadapttooilshocksfromOPEC,then:() A.PandGDPwillremainnormalautomatically. B.GDPmaybeunchangedalthoughPwillrise. C.GDPwillriseandPwilldrop. D.ThedomesticPofoilwilldrop. 5.Schoolstudentspayingalowerfaret
5、hanadultsontheMTRtrains,orcheaperticketstothetheatre,isanexampleof:() A.Thesuppliersmakinglessprofitbecausesomecustomerspayalowerprice. B.Consumersobtainingmoreconsumersurplus. C.Pricediscriminationallowingthesupplierstomakemoreprofitfromchargingahigherpricetocustomerswhosed
6、emandismoreelastic. D.Pricediscriminationallowingthesupplierstomakemoreprofitfromchargingalowerpricetocustomerswhosedemandismoreelastic. 6.Whenthenominalinterestraterises,() A.Economicactivityisencouraged. B.Therealinterestraterisesandthepriceofbondsrises. C.Inflationrises
7、andtherealinterestratefalls.更多精品在大家！http://www.TopSage.com大家网，大家的！www.TopSage.com大家网9/9 D.Therealinterestraterisesandthepriceofbondsfalls. 7.Afirmhasfixedcostsof£100,000permonthandvariablecostsof£25foritem.Itproposestoselltheseitemsfor£50each.Whatisthebreak-evenoutputforthisf
8、irm?() A.4,000units B.4,000unitsinamonth. C.Cannotb
