被删除的部分tb07.doc

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1、Chapter7TheDeterminantsofInterestRates1.Theloanablefundsframeworkdividesmarketparticipantsintoeachofthefollowingcategoriesexcept:a.non-profitinstitutions.b.businesses.c.consumers.d.foreignparticipantse.governments.Answer:a2.Accordingtotheloanablefundstheory,whichofthefollowingwouldcauset

2、hedemandcurveforloanablefundstoshifttotheright?a.Individualshaveexcessincomerelativetoconsumption.b.Thefederalgovernmentincreasesthelevelofdeficitspending.c.TheFederalReserveincreasestherateofgrowthofthemoneysupply.d.Businessesneedforworkingcapitaldecreases.e.Housingstartsfalltoahistoric

3、low.Answer:b3.Accordingtotheloanablefundstheory,whichofthefollowingwouldcausethedemandcurveforloanablefundstoshifttotheleft?a.Individualshaveexcessincomerelativetoconsumption.b.Thefederalgovernmentincreasesthelevelofdeficitspending.c.TheFederalReserveincreasestherateofgrowthofthemoneysup

4、ply.d.Businessesneedforworkingcapitaldecreases.e.Housingstartsrisetoahistorichigh.Answer:d4.Accordingtotheloanablefundstheory,whichofthefollowingwouldcausethesupplycurveforloanablefundstoshifttotheleft?a.U.S.interestratesarehigherthanforeigninterestrates.b.TheU.S.governmentdecreasesthena

5、tionaldebt.c.ForeigninvestorswithdrawfundsfromtheU.S.andinvestthemintheirhomecountries.d.The"baby-boomers"increasetheirsavingsforretirement.e.Stategovernmentsincreaseborrowingtorepairaginginfrastructure.Answer:c5.Accordingtotheloanablefundstheory,whichofthefollowingwouldcausethesupplycur

6、veforloanablefundstoshifttotheright?a.U.S.interestratesarehigherthanforeigninterestrates.b.TheU.S.governmentdecreasesthenationaldebt.c.ForeigninvestorswithdrawfundsfromtheU.S.andinvestthemintheirhomecountries.d.The"baby-boomers"withdrawtheirsavingsforretirement.54a.Stategovernmentsincrea

7、seincometaxrates.Answer:a1.AnincreaseinforeigninvestmentinU.S.Treasurysecuritieswouldcausewhichofthefollowingtooccur,accordingtotheloanablefundstheory?a.Thedemandcurvetoshifttotheright.b.Thedemandcurvetoshifttotheleft.c.Thesupplycurvetoshifttotheright.d.Thequantitydemande