在線網(wǎng)課《貨幣金融學(xué)(廣東外語外貿(mào)大學(xué))》單元測試考核答案

第一章單元測試1【單選題】(1分)Thenatureoffinanceiscapitalfinancing,orfundcirculating,thatis,transferringfundsfromcapitalproviderstocapitaldemanders.()A.FalseB.True2【單選題】(1分)Banksaretheonlyimportantfinancialinstitutions.()A.TrueB.False3【單選題】(1分)Financialmarketscanpromoteeconomicefficiency,butcannotimprovethewell-beingofconsumers.()A.TrueB.False4【單選題】(1分)Whenbusinessesgolookingforfundstofinancetheiractivities,theyusuallyobtainthemdirectlyfromsecuritiesmarketsandnotindirectlythroughfinancialintermediaries.()A.TrueB.False5【單選題】(2分)Financialmarketspromotegreatereconomicefficiencybychannelingfundsfrom________to________.()A.savers;lendersB.borrowers;saversC.savers;borrowersD.investors;savers6【單選題】(2分)Financialinstitutionsthatacceptdepositsandmakeloansarecalled___.()A.exchanges.B.mutualfunds.C.banks.D.financecompanies.7【單選題】(2分)China'sfinancialsystemis___financialsystem.()A.indirect-financing-orientedB.bank-orientedC.market-orientedD.direct-financing-oriented8.【多選題】正確答案：CDWhichofthefollowingstatementsareTRUE?()A.directfinancecanreducetransactioncosts.B.directfinancecanalleviateasymmetricinformation.C.indirectfinancecanalleviateasymmetricinformation.D.indirectfinancecanreducetransactioncosts.9.【多選題】正確答案：BDGovernmentregulationstoreducethepossibilityoffinancialpanicincludeallofthefollowingEXCEPT___.()A.restrictionsonassetsandactivities.B.transactionscosts.C.disclosure.D.economiesofscope.10.【多選題】正確答案：BCDWhichofthefollowingarecontractualsavingsinstitutions?()A.financecompanyB.mutualfundsC.pensionfundD.lifeinsurancecompany第二章單元測試1【單選題】(1分)Underthebartersystem,theprimaryshortcomingwasthedoublecoincidenceofwantscouldnotmatch.()A.TrueB.False2【單選題】(1分)Moneymeanscurrency.()A.FalseB.True3【單選題】(1分)Moneyisjustonetypeofwealth.()A.FalseB.True4【單選題】(1分)ThecalculationsofM0,M1,M2aresameinUSAandinChina.()A.FalseB.True5【單選題】(1分)Whenthepricelevelisincreasingrapidly,moneylosesA.FalseB.True6【單選題】(1分)Thefirstformofe-moneywasthedebitcard.()A.FalseB.True7【單選題】(2分)Whichofthefollowingsarecurrencyexcept:（）A.Papercash.B.Coins.C.Check.8【單選題】(2分)Whichassetisthemostliquidassetofallbecauseitisthemediumofexchange;itdoesnothavetobeconvertedintoanythingelsetomakepurchases.（）A.BondB.HouseC.MoneyD.Stock9.【多選題】正確答案：ABCWhetherintheformofshells,rocks,goldorpaper,moneyhasthreeprimaryfunctionsinanyeconomy:（）A.Asamediumofexchange,B.AsaunitofaccountC.AsastoreofA.CheckB.E-moneyC.BankaccountD.Debitcard,creditcard第三章單元測試1【單選題】(2分)Inthecaseofasimpleloanlikethisone,theinterestpaymentdividedbytheamountoftheloanisanaturalandsensiblewaytomeasuretheinterestrate.（）A.FalseB.True2【單選題】(2分)Acouponbondpaystheownerofthebondafixedinterestpayment(couponpayment)everyyearuntilthematuritydate,whenaspecifiedfinalamount(faceA.FalseB.True3【單選題】(2分)YieldtomaturityistheinterestratethatequatesthepresentA.TrueB.False4【單選題】(2分)TheconceptofpresentA.FalseB.True5【單選題】(2分)Withafixed-paymentbond,thereturnonthebondisequaltotherateofcapitalgain.（）A.TrueB.False6.【多選題】正確答案：ABCAdiscountbond().A.isalsocalledazero-couponbond.B.itsfaceC.isboughtatapricebelowitsfaceD.isalsocalledsimplepaymentbond.第四章單元測試1【單選題】(1分)Operatingasintermediariesbytransferringfundsfromsaverstoborrowersisaparticularroleofbanks.（）A.TrueB.False2【單選題】(1分)Unusedloancommitmentsaretypicallyrecordedintheassetsideofabank’sbalancesheet.（）A.FalseB.True3【單選題】(1分)ChinaDevelopmentbankisoneofthelargestcommercialbanksinChina.（）A.TrueB.False4【單選題】(1分)Gapanalysisshouldbeconductedonacontinuingbasis.（）A.TrueB.False5【單選題】(2分)Inthebalancesheetofabank,whichofthefollowingassetsisthemostilliquid?（）A.Vaultcash；B.Commercialandindustrialloans；C.MunicipalbondsD.Treasurybills；6【單選題】(2分)Thesecondaryreservereferstothesecuritiesthatcanbeeasilyconvertedtocashtomeetunanticipatedobligations,whichinthefollowingcanbeclassifiedassecondaryreserve（）A.Short-termgovernmentsecurities；B.Federalfundssold；C.Mortgage-backedsecuritiesD.Agencysecurities；7【單選題】(2分)Iftheamountofinterest-sensitiveassetsislessthanthatofinterest-sensitiveliabilitieswithinabank,whatwillhappenwhentheinterestrateincreases?（）A.Thegapisenlarged；B.Thegapisnarrowed;C.Thenetinterestincomewillshrink；D.Thenetinterestincomewillincrease；8【單選題】(2分)Whichstatementinthefollowingiscorrect?（）A.Realestateloansarenormallyissuedalongwithrealpropertiesascollaterals；B.Whendepositoutflowoccurs,bankswillprioritizethesaleofloanstomeettheliquiditydemand；C.Thereisnoriskembeddedintheoff-balancesheetactivities；D.Acertificateofdepositisclassifiedasnon-transactionaccount;9.【多選題】正確答案：ABDNon-transactiondepositsconsistof（）A.Moneymarketdepositaccount；B.Savingsaccounts；C.DemanddepositsD.Certificateofdeposits；10.【多選題】正確答案：ACInadditiontothemodificationofcapitalrequirements,thenewestBaselAccordalsoemphasizesregulatoryrequirementsforliquidity,whichinclude（）A.NetStableFundingRatioB.CapitalConservationBufferC.LiquidityCoverageRatio;D.LeverageRatio第五章單元測試1【單選題】(1分)Financialmarketscandirectlyimprovethewell-beingofconsumers.（）A.FalseB.True2【單選題】(1分)Thehomemortgageiskindofequitysecurity（）A.FalseB.True3【單選題】(1分)Financialmarketscantransferfundsfromlenderstoborrowersthrougheitherdirectorfinanceandindirectfinance.（）A.FalseB.True4【單選題】(1分)Financialmarketsareessentialtoproduceanefficientallocationofcapital.（）A.FalseB.True5【單選題】(1分)Indirectfinance,borrowersneedtosellsecuritiestolenderstogetfunds.（）A.FalseB.True6【單選題】(1分)Inindirectfinance,afinancialintermediaryborrowsfundsfromlendersandthenusesthesefundstomakeloanstoborrowers.（）A.FalseB.True7【單選題】(1分)Infinance,securitymeanthefreedomfromdangerorrisk.（）A.FalseB.True8【單選題】(1分)Literally,securitiesareclaimsontheborrower’sfutureincomeorassets.（）A.FalseB.True9【單選題】(2分)Howdofinancialmarketsthewell-beingofconsumers?（）A.FinancialmarketsallowconsumertotimetheirpurchasesbetterB.FinancialmarketsallowfirmstoborrowmoneyfrominvestorsC.FinancialmarketsallowconsumerstobuystockwithlowerpriceD.Financialmarketsallowfirmstofinancetheirinvestmentthroughissuingequity10【單選題】(2分)Whichofthefollowingdescriptionsisforthedebtfinancing?（）A.ThefinancingcostofdebtishigherthanthefinancingcostofequityB.FirmsneedtopaytheirdebtholdersprincipalwhendebtsaredueC.FirmsneedtomakedividendpaymenttotheirdebtholdersD.Firmscandecidetheinterestpaymentthattheymaketotheirdebtholdersineachperiod第六章單元測試1【單選題】(1分)TheoldestcentralbankintheworldistheBankofEngland()A.FalseB.True2【單選題】(1分)Itsprimaryfunctionistoprovidethenation'smoneysupply.()A.FalseB.True3【單選題】(1分)Asthe“banker’sbank,”thecentralbankprovidesservicestofinancialinstitutionsinmuchthesamewaycommercialbanksservetheircustomers.()A.TrueB.False4【單選題】(1分)Byaffectingtheloansanddiscountrate,thecentralbankcanachievethemacroeconomicgoals.()A.TrueB.False5【單選題】(1分)CentralbanksserveasbanksforthegovernmentbymaintainingaccountsandprovidingservicesfortheTreasury.()A.TrueB.False6【單選題】(1分)Centralbanksareinherentlymarket-basedorcompetitiveinstitutions.()A.TrueB.False7【單選題】(1分)Privatecommercialbanksareonlypermittedtoissuedemandliabilities,suchascheckingdeposits,whilecentralbankissuesbanknotesandcash.()A.FalseB.True8【單選題】(1分)Centralbankalsodrivestheefficiencyandtechnologicaldevelopmentofthepaymentssystem.()A.TrueB.False9【單選題】(1分)Centralbankmayalsohavesupervisorypowerstoensurethatbanksandotherfinancialinstitutionsdonotbehaverecklesslyorfraudulently.()A.FalseB.True10.【多選題】正確答案：ABDAlthoughtheirresponsibilitiesvaryfromcountrytocountry,centralbanks'duties(andthejustificationfortheirexistence)usuallyfallintothreeareas:（）A.actsasanemergencylendertodistressedcommercialbanksandotherinstitutions,andsometimesevenagovernmentB.regulatememberbanksthroughcapitalrequirements,reserverequirements,anddepositguarantees,amongothertoolsC.ManagecheckingdepositsforindividualsD.controlandmanipulatethenationalmoneysupply第七章單元測試1【單選題】(1分)MonetaryBase(alsocalledhigh-poweredmoney),whichisdirectlycontrolledbycentralbank.()A.TrueB.False2【單選題】(1分)Thecentralbankcontrolsmonetarybaseonlybycreatingmorecurrency.()A.TrueB.False3【單選題】(1分)ThemonetarybaseMBcanbeexpressedasMB=currencyincirculationC+thetotalreservesinbankingsystemR.()A.FalseB.True4【單選題】(1分)Theprimarywayinwhichthecentralbankcauseschangesinthemonetarybaseisthroughitsopenmarketoperations.()A.TrueB.False5【單選題】(1分)From1948tillnow,Chinesegovernmenthasissued5setsofcurrencies.()A.TrueB.False6【單選題】(1分)Asaleofbondsorsecurities,bythecentralbankwillcauseanexpansionofreservesinthebankingsystem,andthereforewillincreasetheMB.()A.TrueB.False7【單選題】(1分)Ashiftfromdepositstocurrencywillaffectthereservesinthebankingsystem.However,suchashiftwillhavegreateffectonthemonetarybase.()A.FalseB.True8【單選題】(1分)Themoneymultiplier,denotedbym,whichtellsushowmuchthemoneysupplychangesforagivenchangeinthemonetarybase.()A.TrueB.False9【單選題】(1分)Themonetarybaseisalsoaffectedwhenthecentralbankmakesaloantoafinancialinstitution.()A.FalseB.True10.【多選題】正確答案：ABCThetotalreservesRcanbedividedinto:（）A.twocategoriesB.requiredreservesC.excessreserves第八章單元測試1【單選題】(1分)Themoneymarketinterestrateisthelong-terminterestratedeterminedbyinterbankborrowingonreserves.（）A.TrueB.False2【單選題】(1分)Requiredreservesarethereservesrequiredbythecentralbank.（）A.TrueB.False3【單選題】(1分)Excessreservesaretheadditionalreservesbankschoosetohold.（）A.FalseB.True4【單選題】(1分)Thecentralbankspayinterestonexcessreservesatalevelthatistypicallysetatafixedamountbelowthemoneymarketinterestratetarget.（）A.TrueB.False5【單選題】(1分)Openmarketoperationsarethemostimportantconventionalmonetarypolicytool.（）A.FalseB.True6【單選題】(1分)Openmarketpurchasesshrinkreservesandthemonetarybase.（）A.FalseB.True7【單選題】(1分)Openmarketsalesexpandreservesandthemonetarybase.（）A.FalseB.True8.【多選題】正確答案：ABDWhatarethemonetarypolicytoolsforthecentralbank?（）A.DiscountlendingB.ReserverequirementsC.AssetpurchasesD.Openmarketoperations9.【多選題】正確答案：ABCWhatarethemonetarypolicytoolsforthecentralbank?（）A.CommitmenttofuturemonetarypolicyactionsB.LiquidityprovisionC.AssetpurchasesD.Openmarketoperations10.【多選題】正確答案：ABWhichofthefollowingdescriptionsarefortheobjectivesofthemonetarypolicyofthecentralbank?（）A.PricestabilityB.HighemploymentandoutputstabilityC.LowinterestrateD.Stabilityoffinancialmarkets第九章單元測試1【單選題】(1分)Inthequantitytheoryofmoney,thevelocityofmoneyisalwaysdirectlyobservableinthemarketplace.（）A.TrueB.False2【單選題】(1分)Theminimumholdingcostofmoneytendstobehigheriftheopportunitycostdecreases.（）A.TrueB.False3【單選題】(1分)ThesecondstageofmonetarypolicyinChinaistheperiodofdirectcontrolandmanagementoftotalcreditsupply.（）A.FalseB.True4【單選題】(1分)Asthepaymenttechnologybecomesmoreadvanced,thedemandformoneywillbehigher.（）A.FalseB.True5【單選題】(2分)WhichofthefollowingstatementsiscorrectintheKeynesianDemandFunctionofMoney?（）A.Thedemandformoneywillbeboostedupwheninterestrateincreases；B.Whenaneconomyisintheliquiditytrap,monetarypolicyisstillvalid；C.Therealincomeistypicallypositivelyassociatedwiththedemandformoney；D.Thevelocityofmoneywillremainconstant；6【單選題】(2分)Thechannelsthroughwhichmonetarypolicyaffectseconomicactivitiesarecalledthe（）A.transmissionmechanismsofmonetarypolicy；B.allocationmechanismsofmonetarypolicy；C.flowmechanismsofmonetarypolicy；D.distributionmechanismsofmonetarypolicy；7【單選題】(2分)Intheassetpricechannel,lowerrealinterestratewilldriveupthebondprices,whichincontrastmakesthestockmoreattractiveforinvestors,thentheTobin’sQwillbe（）A.remainingunchanged；B.decreasing；C.indefiniteD.increasing；8.【多選題】正確答案：ABCDWhatwillbethedeterminingfactorsofmoneydemandaccordingtotheportfoliotheoryofmoneydemand?（）A.liquidityofotherassets;B.Wealth；C.Income；D.Interestrate；9.【多選題】正確答案：ABDAccordingtotheKeynesianDemandFunctionofMoney,themotiveswhichdeterminethedemandforliquidityinclude（）A.precautionarymotive；B.transactionsmotive；C.investmentmotive；D.speculativemotive10.【多選題】正確答案：ABCSince1998Chinahassteppedintothethirdstageofmonetarypolicy,accordingtothereformprocedures,thecorrectstatementsinthefollowingare（）A.transitionfromquantitativemanagementtoprice-basedmanagementwasemphasizedB.market-orientedreformshavebeenundertakenC.indirectmanagementofcreditprovisionwasimplementedD.centralizedallocationofcreditwasconducted第十章單元測試1【單選題】(2分)TheBOPistherecordoftheeconomicandfinancialflowsthattakeplaceoveraspecifiedtimeperiodbetweennon-residentsandnon-residentsofagivencountry.（）A.TrueB.False2【單選題】(2分)Convertibilityisthemostimportantcharacteristicoftheforeignexchange.（）A.TrueB.False3【單選題】(2分)Internationalexchangeresultsfromthecreditor'srightrelationshipcausedbyimportandexporttrade.（）A.FalseB.True4【單選題】(2分)Directquoteistheamountofforeigncurrencyperunitofdomesticcurrency.（）A.FalseB.True5【單選題】(2分)Thespotexchangemarketisamarketthatdealsinforeignexchangeforimmediatedelivery.Immediatedeliveryinforeigncurrenciesusuallymeanswithintwobusinessdays.（）A.FalseB.True6.【多選題】正確答案：ADWithotherconditionsunchanged,therelationshipbetweenforwardexchangerateandinterestrateis().A.Theforwardexchangerateofthecurrencywithhighinterestrateswilldepreciateinthefuture.B.Theforwardexchangerateofthecurrencywithlowinterestrateswilldepreciateinthefuture.C.Theforwardexchangerateofthecurrencywithhighinterestratewillappreciateinthefuture.D.Theforwardexchangerateofthecurrencywithlowinterestrateswillappreciateinthefuture.7.【多選題】正確答案：ABDWhichofthefollowinginterveningwaysofthecentralbankintheforeignexchangemarketareconsideredas‘indirectintervention’?（）A.MoneysupplyB.AnticipatoryC.SterilizedinterventionD.Interestrate8【單選題】(2分)AsforChina,China’scapitalinflowswillcreatea__________foreigncurrencyanda__________CNY.()A.Supplyof;demandofB.Shortageof;demandofC.Demandfor;supplyofD.Supplyof;shortageof9【單選題】(2分)Whichofthefollowingtransactionsisrecordedinthefinancialaccount?()A.FordmotorcompanybuildsanewplantinChina.B.AChinesebusinessmaninvest10milliondollarsofequipmentintheU.S.tosetupajointventure.C.AU.S.touristspendsmoneyonatriptoChina.D.TheNewYorkYankeesarepaid$10millionbytheChinesetoplayanexhibitiongameinBeijing,China.10【單選題】(2分)AbankhasquotedaspotexchangerateofUSD/CHF1.6030-1.6040anda3-monthforwardspreadof120-130,thentheforwardexchangerateis().A.1.6150-1.6170B.1.7230-1.7340C.1.5910-1.6910D.1.4740-1.4830第十一章單元測試1【單選題】(2分)China'sfinancialserviceisfullyopenedsinceApril1,2020（）A.FalseB.True2【單選題】(2分)QDIIprogramstartedin2004.（）A.FalseB.True3【單選題】(2分)“FourtrillionRMB”stimuluspackageledtoasurgeininvestmentdemand,whichisthemainreasonforChinatorelaxcapitalinflow.（）A.TrueB.False4【單選題】(2分)China’sChinn-Itoindexhasremainedunchangedsince1993.()A.FalseB.True5【單選題】(2分)Chinaismoreopenthanadvancedeconomies.()A.TrueB.False6【單選題】(2分)Capitalaccountopening-upmayserveasacommitmentdevicetofinancialreforms.()A.FalseB.True7【單選題】(2分)GreatercapitalaccountconvertibilitywillhelpRMBexpand.()A.FalseB.True8.【多選題】正確答案：ABCDWhichofthefollowingarethereasonsforChina'smassivecapitaloutflowin2014-2016?（）A.“BeltandRoad”B.theShenzhen-HongKongStockConnectC.expandedtheexistingQFII,QDIIandRQFIIprogramsD.theShanghai-HongKongStockConnect9.【多選題】正確答案：ABCDWhataretheshortcomingsofChina'sfinancialmarket（）A.financialinstitutionshavelimitedincentivestoimproveproductsandservicesB.financialinstitutionshavelimitedforeigncompetitionC.lenienttoexcessiveleveragingandrisk-takingD.financiallawsandregulationsaremorelikelytobetwisted10【單選題】(2分)WhendidChinaunveiltheShanghai-LondonStockConnectinmid-2019：（）A.2018B.2020C.2019D.202111【單選題】(2分)WhendidChinareformtheRMB-dollarcentralparitytomorecloselyalignwithprevioustradingday’sclosingprice?()A.August11,2015B.August12,2016C.August12,2015D.August11,2016第十二章單元測試1【單選題】(1分)Creditboommayhappenwhenfinancialinnovationorfinancialliberalizationhappens.()A.TrueB.False2【單選題】(1分)Thethirdphaseoffinancialcrisesisdebtdeflation,anditalwaysoccurs.()A.TrueB.False3【單選題】(1分)Theimpa