米什金貨幣金融學(xué)課后答案英文版公開課一等獎市優(yōu)質(zhì)課賽課獲獎?wù)n件

Chapter1

WhyStudyMoney,Banking,andFinancialMarkets?AnswerstoEnd-of-ChapterQuestions本章末復(fù)習(xí)題參照答案AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*2.ThedatainFigures1,2,3,and4suggestthatrealoutput,theinflationrate,andinterestrateswouldallfall.*4.Youmightbemorelikelytobuyahouseoracarbecausethecostoffinancingthemwouldfall,oryoumightbelesslikelytosavebecauseyouearnlessonyoursavings.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*6.No.Itistruethatpeoplewhoborrowtopurchaseahouseoracarareworseoffbecauseitcoststhemmoretofinancetheirpurchase;

however,saversbenefitbecausetheycanearnhigherinterestratesontheirsavings.7.Thebasicactivityofbanksistoacceptdepositsandmakeloans.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*8.Theychannelfundsfrompeoplewhodonothaveaproductiveuseforthemtopeoplewhodo,therebyresultinginhighereconomicefficiency.9.Theinterestrateonthree-monthTreasurybillsfluctuatesmorethantheotherinterestratesandisloweronaverage.TheinterestrateonBaacorporatebondsishigheronaveragethantheotherinterestrates.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*10.Thelowerpriceforafirm’ssharesmeansthatitcanraiseasmalleramountoffunds,soinvestmentinfacilitiesandequipmentwillfall.11.Higherstockpricesmeansthatconsumers’wealthishigher,andtheywillbemorelikelytoincreasetheirspending.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*12.Itmakesforeigngoodsmoreexpensive,soBritishconsumerswillbuyfewerforeigngoodsandmoredomesticgoods.13.ItmakesBritishgoodsmoreexpensiverelativetoAmericangoods.ThusAmericanbusinesseswillfinditeasiertoselltheirgoodsintheUnitedStatesandabroad,andthedemandfortheirproductswillrise.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案*14.Inthemid-tolate1970sandinthelate1980sandearly1990s,thevalueofthedollarwaslow,makingtravelabroadrelativelymoreexpensive;

thusitwasagoodtimetovacationintheUnitedStatesandseetheGrandCanyon.

Withtheriseinthedollar’svalueintheearly1980s,travelabroadbecamerelativelycheaper,makingitagoodtimetovisittheTowerofLondon.AnswerstoEnd-of-ChapterQuestions

本章末問題參照答案15.Whenthedollarincreasesinvalue,foreigngoodsbecomelessexpensiverelativetoAmericangoods;thusyouaremorelikelytobuyFrench-madejeansthanAmerican-madejeans.

TheresultingdropindemandforAmerican-madejeansbecauseofthestrongdollarhurtsAmericanjeansmanufacturers.Ontheotherhand,theAmericancompany