货币银行学题目答案.doc

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1、Tutorial2Dueon28th,Nov,2016PartI:Choosethebestanswer1)FinancialmarketspromoteeconomicefficiencybyA)channelingfundsfrominvestorstosavers.B)creatinginflation.C)channelingfundsfromsaverstoinvestors.D)reducinginvestment.2)Acommonstockisaclaimonacorporation'sA)debtB)liabilitiesC)expens

2、esD)earningsandassets3)CountriesthatexperienceveryhighratesofinflationhaveA)balancedbudgets.B)rapidlygrowingmoneysupplies.C)fallingmoneysupplies.D)constantmoneysupplies.4)AnimportantfinancialinstitutionthatassistsintheinitialsaleofsecuritiesintheprimarymarketistheA)investmentbank.

3、B)commercialbank.C)stockexchange.D)brokeragehouse.5)Whichofthefollowingcanbedescribedasinvolvingindirectfinance?A)Youmakealoantoyourneighbor.B)Youbuysharesinamutualfund.C)YoubuyaU.S.TreasurybillfromtheU.S.Treasury.D)Acorporationbuysashort-termsecurityissuedbyanothercorporationinth

4、eprimarymarket.6)Whichofthefollowingcanbedescribedasdirectfinance?A)Youtakeoutamortgagefromyourlocalbank.B)Youborrow$2500fromafriend.C)Youbuysharesofcommonstockinthesecondarymarket.D)Youbuysharesinamutualfund.7)Youcanborrow$5000tofinanceanewbusinessventure.Thisnewventurewillgenera

5、teannualearningsof$251.ThemaximuminterestratethatyouwouldpayontheborrowedfundsandstillincreaseyourincomeisA)25%.B)12.5%.C)10%D)5%8)With________finance,borrowersobtainfundsfromlendersbysellingthemsecuritiesinthefinancialmarkets.A)activeB)determinedC)indirectD)direct9)Whichofthefoll

6、owingstatementsaboutthecharacteristicsofdebtandequityisfalse?A)Theycanbothbelong-termfinancialinstruments.B)Theycanbothbeshort-termfinancialinstruments.C)Theybothinvolveaclaimontheissuer'sincomeD)Theybothenableacorporationtoraisefunds10)Secondarymarketsmakefinancialinstrumentsmore

7、A)solid.B)vapid.C)liquid.D)risky11)Thehigherasecurity'spriceinthesecondarymarketthe_________fundsafirmcanraisebysellingsecuritiesinthe_________market.A)more;primaryB)more;secondaryC)less;primaryD)less;secondary12)Animportantfinancialinstitutionthatassistsintheinitialsaleofsecuriti

8、esintheprimarymarketistheA)invest