貨幣金融學知到章節(jié)答案智慧樹2023年廣東外語外貿大學

貨幣金融學知到章節(jié)測試答案智慧樹2023年最新廣東外語外貿大學第一章測試

Thenatureoffinanceiscapitalfinancing,orfundcirculating,thatis,transferringfundsfromcapitalproviderstocapitaldemanders.()

參考答案:

True

Banksaretheonlyimportantfinancialinstitutions.()

參考答案:

False

Financialmarketscanpromoteeconomicefficiency,butcannotimprovethewell-beingofconsumers.()

參考答案:

False

Whenbusinessesgolookingforfundstofinancetheiractivities,theyusuallyobtainthemdirectlyfromsecuritiesmarketsandnotindirectlythroughfinancialintermediaries.()

參考答案:

False

Financialmarketspromotegreatereconomicefficiencybychannelingfundsfrom________to________.()

參考答案:

savers;borrowers

Financialinstitutionsthatacceptdepositsandmakeloansarecalled___.()

參考答案:

banks.

China'sfinancialsystemis___financialsystem.()

參考答案:

bank-oriented

WhichofthefollowingstatementsareTRUE?()

參考答案:

indirectfinancecanalleviateasymmetricinformation.

;indirectfinancecanreducetransactioncosts.

GovernmentregulationstoreducethepossibilityoffinancialpanicincludeallofthefollowingEXCEPT___.()

參考答案:

economiesofscope.

;transactionscosts.

Whichofthefollowingarecontractualsavingsinstitutions?()

參考答案:

mutualfunds

;pensionfund

;lifeinsurancecompany

第二章測試

Underthebartersystem,theprimaryshortcomingwasthedoublecoincidenceofwantscouldnotmatch.()

參考答案:

True

Moneymeanscurrency.()

參考答案:

False

Moneyisjustonetypeofwealth.()

參考答案:

True

ThecalculationsofM0,M1,M2aresameinUSAandinChina.()

參考答案:

False

Whenthepricelevelisincreasingrapidly,moneylosesvaluerapidly,andpeoplebecomemorereluctanttoholdtheirwealthinthisform.()

參考答案:

True

Thefirstformofe-moneywasthedebitcard.()

參考答案:

True

Whichofthefollowingsarecurrencyexcept:（）

參考答案:

Check.

Whichassetisthemostliquidassetofallbecauseitisthemediumofexchange;itdoesnothavetobeconvertedintoanythingelsetomakepurchases.（）

參考答案:

Money

Whetherintheformofshells,rocks,goldorpaper,moneyhasthreeprimaryfunctionsinanyeconomy:（）

參考答案:

Asaunitofaccount

;Asamediumofexchange,

;Asastoreofvalue.

Papercurrencyandcoinsareeasilystolenandcanbeexpensivetotransportinlargeamountsbecauseoftheirbulk.Tocombatthisproblem,inmodernbankingsystem,whatinventionsarecreated:（）

參考答案:

Check;Bankaccount;Debitcard,creditcard;E-money

第三章測試

Inthecaseofasimpleloanlikethisone,theinterestpaymentdividedbytheamountoftheloanisanaturalandsensiblewaytomeasuretheinterestrate.（）

參考答案:

True

Acouponbondpaystheownerofthebondafixedinterestpayment(couponpayment)everyyearuntilthematuritydate,whenaspecifiedfinalamount(facevalueorparvalue)isrepaid.（）

參考答案:

True

Yieldtomaturityistheinterestratethatequatesthepresentvalueofcashflowpaymentsreceivedfromadebtinstrumentwithitsvaluetoday.（）

參考答案:

True

Theconceptofpresentvalue(orpresentdiscountedvalue)isbasedonthecommonsensenotionthatoneYuanpaidtoyouoneyearfromnowismorevaluablethanoneYuanpaidtoyoutoday.（）

參考答案:

False

Withafixed-paymentbond,thereturnonthebondisequaltotherateofcapitalgain.（）

參考答案:

False

Adiscountbond().

參考答案:

isboughtatapricebelowitsfacevalue

;isalsocalledazero-couponbond.

;itsfacevalueisrepaidatthematuritydate.

第四章測試

Operatingasintermediariesbytransferringfundsfromsaverstoborrowersisaparticularroleofbanks.（）

參考答案:

True

Unusedloancommitmentsaretypicallyrecordedintheassetsideofabank’sbalancesheet.（）

參考答案:

False

ChinaDevelopmentbankisoneofthelargestcommercialbanksinChina.（）

參考答案:

False

Gapanalysisshouldbeconductedonacontinuingbasis.（）

參考答案:

True

Inthebalancesheetofabank,whichofthefollowingassetsisthemostilliquid?（）

參考答案:

Commercialandindustrialloans；

Thesecondaryreservereferstothesecuritiesthatcanbeeasilyconvertedtocashtomeetunanticipatedobligations,whichinthefollowingcanbeclassifiedassecondaryreserve（）

參考答案:

Short-termgovernmentsecurities；

Iftheamountofinterest-sensitiveassetsislessthanthatofinterest-sensitiveliabilitieswithinabank,whatwillhappenwhentheinterestrateincreases?（）

參考答案:

Thenetinterestincomewillshrink；

Whichstatementinthefollowingiscorrect?（）

參考答案:

Realestateloansarenormallyissuedalongwithrealpropertiesascollaterals；

Non-transactiondepositsconsistof（）

參考答案:

Certificateofdeposits；

;Moneymarketdepositaccount；

;Savingsaccounts；

Inadditiontothemodificationofcapitalrequirements,thenewestBaselAccordalsoemphasizesregulatoryrequirementsforliquidity,whichinclude（）

參考答案:

LiquidityCoverageRatio;

;NetStableFundingRatio

第五章測試

Financialmarketscandirectlyimprovethewell-beingofconsumers.（）

參考答案:

True

Thehomemortgageiskindofequitysecurity（）

參考答案:

False

Financialmarketscantransferfundsfromlenderstoborrowersthrougheitherdirectorfinanceandindirectfinance.（）

參考答案:

True

Financialmarketsareessentialtoproduceanefficientallocationofcapital.（）

參考答案:

True

Indirectfinance,borrowersneedtosellsecuritiestolenderstogetfunds.（）

參考答案:

True

Inindirectfinance,afinancialintermediaryborrowsfundsfromlendersandthenusesthesefundstomakeloanstoborrowers.（）

參考答案:

True

Infinance,securitymeanthefreedomfromdangerorrisk.（）

參考答案:

False

Literally,securitiesareclaimsontheborrower’sfutureincomeorassets.（）

參考答案:

False

Howdofinancialmarketsthewell-beingofconsumers?（）

參考答案:

Financialmarketsallowconsumertotimetheirpurchasesbetter

Whichofthefollowingdescriptionsisforthedebtfinancing?（）

參考答案:

Firmsneedtopaytheirdebtholdersprincipalwhendebtsaredue

第六章測試

TheoldestcentralbankintheworldistheBankofEngland()

參考答案:

False

Itsprimaryfunctionistoprovidethenation'smoneysupply.()

參考答案:

True

Asthe“banker’sbank,”thecentralbankprovidesservicestofinancialinstitutionsinmuchthesamewaycommercialbanksservetheircustomers.()

參考答案:

True

Byaffectingtheloansanddiscountrate,thecentralbankcanachievethemacroeconomicgoals.()

參考答案:

True

CentralbanksserveasbanksforthegovernmentbymaintainingaccountsandprovidingservicesfortheTreasury.()

參考答案:

True

Centralbanksareinherentlymarket-basedorcompetitiveinstitutions.()

參考答案:

False

Privatecommercialbanksareonlypermittedtoissuedemandliabilities,suchascheckingdeposits,whilecentralbankissuesbanknotesandcash.()

參考答案:

True

Centralbankalsodrivestheefficiencyandtechnologicaldevelopmentofthepaymentssystem.()

參考答案:

True

Centralbankmayalsohavesupervisorypowerstoensurethatbanksandotherfinancialinstitutionsdonotbehaverecklesslyorfraudulently.()

參考答案:

True

Althoughtheirresponsibilitiesvaryfromcountrytocountry,centralbanks'duties(andthejustificationfortheirexistence)usuallyfallintothreeareas:（）

參考答案:

controlandmanipulatethenationalmoneysupply

;actsasanemergencylendertodistressedcommercialbanksandotherinstitutions,andsometimesevenagovernment

;regulatememberbanksthroughcapitalrequirements,reserverequirements,anddepositguarantees,amongothertools

第七章測試

MonetaryBase(alsocalledhigh-poweredmoney),whichisdirectlycontrolledbycentralbank.()

參考答案:

True

Thecentralbankcontrolsmonetarybaseonlybycreatingmorecurrency.()

參考答案:

False

ThemonetarybaseMBcanbeexpressedasMB=currencyincirculationC+thetotalreservesinbankingsystemR.()

參考答案:

True

Theprimarywayinwhichthecentralbankcauseschangesinthemonetarybaseisthroughitsopenmarketoperations.()

參考答案:

True

From1948tillnow,Chinesegovernmenthasissued5setsofcurrencies.()

參考答案:

True

Asaleofbondsorsecurities,bythecentralbankwillcauseanexpansionofreservesinthebankingsystem,andthereforewillincreasetheMB.()

參考答案:

False

Ashiftfromdepositstocurrencywillaffectthereservesinthebankingsystem.However,suchashiftwillhavegreateffectonthemonetarybase.()

參考答案:

False

Themoneymultiplier,denotedbym,whichtellsushowmuchthemoneysupplychangesforagivenchangeinthemonetarybase.()

參考答案:

True

Themonetarybaseisalsoaffectedwhenthecentralbankmakesaloantoafinancialinstitution.()

參考答案:

True

ThetotalreservesRcanbedividedinto:（）

參考答案:

excessreserves

;requiredreserves

;twocategories

第八章測試

Themoneymarketinterestrateisthelong-terminterestratedeterminedbyinterbankborrowingonreserves.（）

參考答案:

False

Requiredreservesarethereservesrequiredbythecentralbank.（）

參考答案:

True

Excessreservesaretheadditionalreservesbankschoosetohold.（）

參考答案:

True

Thecentralbankspayinterestonexcessreservesatalevelthatistypicallysetatafixedamountbelowthemoneymarketinterestratetarget.（）

參考答案:

True

Openmarketoperationsarethemostimportantconventionalmonetarypolicytool.（）

參考答案:

True

Openmarketpurchasesshrinkreservesandthemonetarybase.（）

參考答案:

False

Openmarketsalesexpandreservesandthemonetarybase.（）

參考答案:

False

Whatarethemonetarypolicytoolsforthecentralbank?（）

參考答案:

Reserverequirements

;Openmarketoperations

;Discountlending

Whatarethemonetarypolicytoolsforthecentralbank?（）

參考答案:

Liquidityprovision

;Commitmenttofuturemonetarypolicyactions

;Assetpurchases

Whichofthefollowingdescriptionsarefortheobjectivesofthemonetarypolicyofthecentralbank?（）

參考答案:

Highemploymentandoutputstability

;Pricestability

第九章測試

Inthequantitytheoryofmoney,thevelocityofmoneyisalwaysdirectlyobservableinthemarketplace.（）

參考答案:

False

Theminimumholdingcostofmoneytendstobehigheriftheopportunitycostdecreases.（）

參考答案:

False

ThesecondstageofmonetarypolicyinChinaistheperiodofdirectcontrolandmanagementoftotalcreditsupply.（）

參考答案:

True

Asthepaymenttechnologybecomesmoreadvanced,thedemandformoneywillbehigher.（）

參考答案:

False

WhichofthefollowingstatementsiscorrectintheKeynesianDemandFunctionofMoney?（）

參考答案:

Therealincomeistypicallypositivelyassociatedwiththedemandformoney；

Thechannelsthroughwhichmonetarypolicyaffectseconomicactivitiesarecalledthe（）

參考答案:

transmissionmechanismsofmonetarypolicy；

Intheassetpricechannel,lowerrealinterestratewilldriveupthebondprices,whichincontrastmakesthestockmoreattractiveforinvestors,thentheTobin’sQwillbe（）

參考答案:

increasing；

Whatwillbethedeterminingfactorsofmoneydemandaccordingtotheportfoliotheoryofmoneydemand?（）

參考答案:

Wealth；

;liquidityofotherassets;

;Income；

;Interestrate；

AccordingtotheKeynesianDemandFunctionofMoney,themotiveswhichdeterminethedemandforliquidityinclude（）

參考答案:

transactionsmotive；

;speculativemotive

;precautionarymotive；

Since1998Chinahassteppedintothethirdstageofmonetarypolicy,accordingtothereformprocedures,thecorrectstatementsinthefollowingare（）

參考答案:

transitionfromquantitativemanagementtoprice-basedmanagementwasemphasized

;indirectmanagementofcreditprovisionwasimplemented

;market-orientedreformshavebeenundertaken

第十章測試

TheBOPistherecordoftheeconomicandfinancialflowsthattakeplaceoveraspecifiedtimeperiodbetweennon-residentsandnon-residentsofagivencountry.（）

參考答案:

False

Convertibilityisthemostimportantcharacteristicoftheforeignexchange.（）

參考答案:

True

Internationalexchangeresultsfromthecreditor'srightrelationshipcausedbyimportandexporttrade.（）

參考答案:

True

Directquoteistheamountofforeigncurrencyperunitofdomesticcurrency.（）

參考答案:

False

Thespotexchangemarketisamarketthatdealsinforeignexchangeforimmediatedelivery.Immediatedeliveryinforeigncurrenciesusuallymeanswithintwobusinessdays.（）

參考答案:

True

Withotherconditionsunchanged,therelationshipbetweenforwardexchangerateandinterestrateis().

參考答案:

Theforwardexchangerateofthecurrencywithhighinterestrateswilldepreciateinthefuture.

;Theforwardexchangerateofthecurrencywithlowinterestrateswillappreciateinthefuture.

Whichofthefollowinginterveningwaysofthecentralbankintheforeignexchangemarketareconsideredas‘indirectintervention’?（）

參考答案:

Anticipatory

;Interestrate

;Moneysupply

AsforChina,China’scapitalinflowswillcreatea__________foreigncurrencyanda__________CNY.()

參考答案:

Demandfor;supplyof

Whichofthefollowingtransactionsisrecordedinthefinancialaccount?()

參考答案:

AChinesebusinessmaninvest10milliondollarsofequipmentintheU.S.tosetupajointventure.

AbankhasquotedaspotexchangerateofUSD/CHF1.6030-1.6040anda3-monthforwardspreadof120-130,thentheforwardexchangerateis().

參考答案:

1.6150-1.6170

第十一章測試

China'sfinancialserviceisfullyopenedsinceApril1,2020（）

參考答案:

True

QDIIprogramstartedin2004.（）

參考答案:

False

“FourtrillionRMB”stimuluspackageledtoasurgeininvestmentdemand,whichisthemainreasonforChinatorelaxcapitalinflow.（）

參考答案:

True

China’sChinn-Itoindexhasremainedunchangedsince1993.()

參考答案:

True

Chinaismoreopenthanadvancedeconomies.()

參考答案:

False

Capitalaccountopening-upmayserveasacommitmentdevicetofinancialreforms.()

參考答案:

True

GreatercapitalaccountconvertibilitywillhelpRMBexpand.()

參考答案:

False

WhichofthefollowingarethereasonsforChina'smassivecapitaloutflowin2014-2016?（）

參考答案:

theShenzhen-HongKongStockConnect

;theShanghai-HongKongStockConnect

;expandedtheexistingQFII,QDIIandRQFIIprograms

;“BeltandRoad”

WhataretheshortcomingsofChina'sfinancialmarket（）

參考答案:

financialinstitutionshavelimitedincentivestoimproveproductsandservices

;financialinstitutionshavelimitedforeigncompetition

;financiallawsandregulationsaremorelikelytobetwisted

;lenienttoexcessiveleveragingandrisk-taking

WhendidChinaunveiltheShanghai-Lo