资源描述:
《The Economics of Money Banking and Financial Markets 10E - Mishkin - TB chapter 5》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、EconomicsofMoney,Banking,andFin.Markets,10e(Mishkin)Chapter5TheBehaviorofInterestRates5.1DeterminantsofAssetDemand1)PiecesofpropertythatserveasastoreofvaluearecalledA)assets.B)unitsofaccount.C)liabilities.D)borrowings.Answer:AQuesStatus:PreviousEdition2)Ofthefourfactorsthatinf
2、luenceassetdemand,whichfactorwillcausethedemandforallassetstoincreasewhenitincreases,everythingelseheldconstant?A)wealthB)expectedreturnsC)riskD)liquidityAnswer:AQuesStatus:PreviousEditionAACSB:Analyticskills3)Ifwealthincreases,thedemandforstocks________andthatoflong-termbonds
3、________,everythingelseheldconstant.A)increases;increasesB)increases;decreasesC)decreases;decreasesD)decreases;increasesAnswer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills4)Everythingelseheldconstant,adecreaseinwealthA)increasesthedemandforstocks.B)increasesthedem
4、andforbonds.C)reducesthedemandforsilver.D)increasesthedemandforgold.Answer:CQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills41Copyright©2013PearsonEducation,Inc.5)Anincreaseinanasset'sexpectedreturnrelativetothatofanalternativeasset,holdingeverythingelseconstant,______
5、__thequantitydemandedoftheasset.A)increasesB)decreasesC)hasnoeffectonD)erasesAnswer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills6)Everythingelseheldconstant,iftheexpectedreturnonABCstockrisesfrom5to10percentandtheexpectedreturnonCBSstockisunchanged,thentheexpected
6、returnofholdingCBSstock________relativetoABCstockandthedemandforCBSstock________.A)rises;risesB)rises;fallsC)falls;risesD)falls;fallsAnswer:DQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills7)Everythingelseheldconstant,iftheexpectedreturnonU.S.Treasurybondsfallsfrom10to
7、5percentandtheexpectedreturnonGEstockrisesfrom7to8percent,thentheexpectedreturnofholdingGEstock________relativetoU.S.TreasurybondsandthedemandforGEstock________.A)rises;risesB)rises;fallsC)falls;risesD)falls;fallsAnswer:AQuesStatus:PreviousEditionAACSB:Reflectivethinkingskills
8、8)Ifhousingpricesareexpectedtoincrease,then,otherthingsequal,