货币金融学知到章节答案智慧树2023年广东外语外贸大学

货币金融学知到章节测试答案智慧树2023年最新广东外语外贸大学第一章测试

Thenatureoffinanceiscapitalfinancing,orfundcirculating,thatis,transferringfundsfromcapitalproviderstocapitaldemanders.()

参考答案:

True

Banksaretheonlyimportantfinancialinstitutions.()

参考答案:

False

Financialmarketscanpromoteeconomicefficiency,butcannotimprovethewell-beingofconsumers.()

参考答案:

False

Whenbusinessesgolookingforfundstofinancetheiractivities,theyusuallyobtainthemdirectlyfromsecuritiesmarketsandnotindirectlythroughfinancialintermediaries.()

参考答案:

False

Financialmarketspromotegreatereconomicefficiencybychannelingfundsfrom________to________.()

参考答案:

savers;borrowers

Financialinstitutionsthatacceptdepositsandmakeloansarecalled___.()

参考答案:

banks.

China'sfinancialsystemis___financialsystem.()

参考答案:

bank-oriented

WhichofthefollowingstatementsareTRUE?()

参考答案:

indirectfinancecanalleviateasymmetricinformation.

;indirectfinancecanreducetransactioncosts.

GovernmentregulationstoreducethepossibilityoffinancialpanicincludeallofthefollowingEXCEPT___.()

参考答案:

economiesofscope.

;transactionscosts.

Whichofthefollowingarecontractualsavingsinstitutions?()

参考答案:

mutualfunds

;pensionfund

;lifeinsurancecompany

第二章测试

Underthebartersystem,theprimaryshortcomingwasthedoublecoincidenceofwantscouldnotmatch.()

参考答案:

True

Moneymeanscurrency.()

参考答案:

False

Moneyisjustonetypeofwealth.()

参考答案:

True

ThecalculationsofM0,M1,M2aresameinUSAandinChina.()

参考答案:

False

Whenthepricelevelisincreasingrapidly,moneylosesvaluerapidly,andpeoplebecomemorereluctanttoholdtheirwealthinthisform.()

参考答案:

True

Thefirstformofe-moneywasthedebitcard.()

参考答案:

True

Whichofthefollowingsarecurrencyexcept:（）

参考答案:

Check.

Whichassetisthemostliquidassetofallbecauseitisthemediumofexchange;itdoesnothavetobeconvertedintoanythingelsetomakepurchases.（）

参考答案:

Money

Whetherintheformofshells,rocks,goldorpaper,moneyhasthreeprimaryfunctionsinanyeconomy:（）

参考答案:

Asaunitofaccount

;Asamediumofexchange,

;Asastoreofvalue.

Papercurrencyandcoinsareeasilystolenandcanbeexpensivetotransportinlargeamountsbecauseoftheirbulk.Tocombatthisproblem,inmodernbankingsystem,whatinventionsarecreated:（）

参考答案:

Check;Bankaccount;Debitcard,creditcard;E-money

第三章测试

Inthecaseofasimpleloanlikethisone,theinterestpaymentdividedbytheamountoftheloanisanaturalandsensiblewaytomeasuretheinterestrate.（）

参考答案:

True

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

参考答案:

True

Yieldtomaturityistheinterestratethatequatesthepresentvalueofcashflowpaymentsreceivedfromadebtinstrumentwithitsvaluetoday.（）

参考答案:

True

Theconceptofpresentvalue(orpresentdiscountedvalue)isbasedonthecommonsensenotionthatoneYuanpaidtoyouoneyearfromnowismorevaluablethanoneYuanpaidtoyoutoday.（）

参考答案:

False

Withafixed-paymentbond,thereturnonthebondisequaltotherateofcapitalgain.（）

参考答案:

False

Adiscountbond().

参考答案:

isboughtatapricebelowitsfacevalue

;isalsocalledazero-couponbond.

;itsfacevalueisrepaidatthematuritydate.

第四章测试

Operatingasintermediariesbytransferringfundsfromsaverstoborrowersisaparticularroleofbanks.（）

参考答案:

True

Unusedloancommitmentsaretypicallyrecordedintheassetsideofabank’sbalancesheet.（）

参考答案:

False

ChinaDevelopmentbankisoneofthelargestcommercialbanksinChina.（）

参考答案:

False

Gapanalysisshouldbeconductedonacontinuingbasis.（）

参考答案:

True

Inthebalancesheetofabank,whichofthefollowingassetsisthemostilliquid?（）

参考答案:

Commercialandindustrialloans；

Thesecondaryreservereferstothesecuritiesthatcanbeeasilyconvertedtocashtomeetunanticipatedobligations,whichinthefollowingcanbeclassifiedassecondaryreserve（）

参考答案:

Short-termgovernmentsecurities；

Iftheamountofinterest-sensitiveassetsislessthanthatofinterest-sensitiveliabilitieswithinabank,whatwillhappenwhentheinterestrateincreases?（）

参考答案:

Thenetinterestincomewillshrink；

Whichstatementinthefollowingiscorrect?（）

参考答案:

Realestateloansarenormallyissuedalongwithrealpropertiesascollaterals；

Non-transactiondepositsconsistof（）

参考答案:

Certificateofdeposits；

;Moneymarketdepositaccount；

;Savingsaccounts；

Inadditiontothemodificationofcapitalrequirements,thenewestBaselAccordalsoemphasizesregulatoryrequirementsforliquidity,whichinclude（）

参考答案:

LiquidityCoverageRatio;

;NetStableFundingRatio

第五章测试

Financialmarketscandirectlyimprovethewell-beingofconsumers.（）

参考答案:

True

Thehomemortgageiskindofequitysecurity（）

参考答案:

False

Financialmarketscantransferfundsfromlenderstoborrowersthrougheitherdirectorfinanceandindirectfinance.（）

参考答案:

True

Financialmarketsareessentialtoproduceanefficientallocationofcapital.（）

参考答案:

True

Indirectfinance,borrowersneedtosellsecuritiestolenderstogetfunds.（）

参考答案:

True

Inindirectfinance,afinancialintermediaryborrowsfundsfromlendersandthenusesthesefundstomakeloanstoborrowers.（）

参考答案:

True

Infinance,securitymeanthefreedomfromdangerorrisk.（）

参考答案:

False

Literally,securitiesareclaimsontheborrower’sfutureincomeorassets.（）

参考答案:

False

Howdofinancialmarketsthewell-beingofconsumers?（）

参考答案:

Financialmarketsallowconsumertotimetheirpurchasesbetter

Whichofthefollowingdescriptionsisforthedebtfinancing?（）

参考答案:

Firmsneedtopaytheirdebtholdersprincipalwhendebtsaredue

第六章测试

TheoldestcentralbankintheworldistheBankofEngland()

参考答案:

False

Itsprimaryfunctionistoprovidethenation'smoneysupply.()

参考答案:

True

Asthe“banker’sbank,”thecentralbankprovidesservicestofinancialinstitutionsinmuchthesamewaycommercialbanksservetheircustomers.()

参考答案:

True

Byaffectingtheloansanddiscountrate,thecentralbankcanachievethemacroeconomicgoals.()

参考答案:

True

CentralbanksserveasbanksforthegovernmentbymaintainingaccountsandprovidingservicesfortheTreasury.()

参考答案:

True

Centralbanksareinherentlymarket-basedorcompetitiveinstitutions.()

参考答案:

False

Privatecommercialbanksareonlypermittedtoissuedemandliabilities,suchascheckingdeposits,whilecentralbankissuesbanknotesandcash.()

参考答案:

True

Centralbankalsodrivestheefficiencyandtechnologicaldevelopmentofthepaymentssystem.()

参考答案:

True

Centralbankmayalsohavesupervisorypowerstoensurethatbanksandotherfinancialinstitutionsdonotbehaverecklesslyorfraudulently.()

参考答案:

True

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

参考答案:

controlandmanipulatethenationalmoneysupply

;actsasanemergencylendertodistressedcommercialbanksandotherinstitutions,andsometimesevenagovernment

;regulatememberbanksthroughcapitalrequirements,reserverequirements,anddepositguarantees,amongothertools

第七章测试

MonetaryBase(alsocalledhigh-poweredmoney),whichisdirectlycontrolledbycentralbank.()

参考答案:

True

Thecentralbankcontrolsmonetarybaseonlybycreatingmorecurrency.()

参考答案:

False

ThemonetarybaseMBcanbeexpressedasMB=currencyincirculationC+thetotalreservesinbankingsystemR.()

参考答案:

True

Theprimarywayinwhichthecentralbankcauseschangesinthemonetarybaseisthroughitsopenmarketoperations.()

参考答案:

True

From1948tillnow,Chinesegovernmenthasissued5setsofcurrencies.()

参考答案:

True

Asaleofbondsorsecurities,bythecentralbankwillcauseanexpansionofreservesinthebankingsystem,andthereforewillincreasetheMB.()

参考答案:

False

Ashiftfromdepositstocurrencywillaffectthereservesinthebankingsystem.However,suchashiftwillhavegreateffectonthemonetarybase.()

参考答案:

False

Themoneymultiplier,denotedbym,whichtellsushowmuchthemoneysupplychangesforagivenchangeinthemonetarybase.()

参考答案:

True

Themonetarybaseisalsoaffectedwhenthecentralbankmakesaloantoafinancialinstitution.()

参考答案:

True

ThetotalreservesRcanbedividedinto:（）

参考答案:

excessreserves

;requiredreserves

;twocategories

第八章测试

Themoneymarketinterestrateisthelong-terminterestratedeterminedbyinterbankborrowingonreserves.（）

参考答案:

False

Requiredreservesarethereservesrequiredbythecentralbank.（）

参考答案:

True

Excessreservesaretheadditionalreservesbankschoosetohold.（）

参考答案:

True

Thecentralbankspayinterestonexcessreservesatalevelthatistypicallysetatafixedamountbelowthemoneymarketinterestratetarget.（）

参考答案:

True

Openmarketoperationsarethemostimportantconventionalmonetarypolicytool.（）

参考答案:

True

Openmarketpurchasesshrinkreservesandthemonetarybase.（）

参考答案:

False

Openmarketsalesexpandreservesandthemonetarybase.（）

参考答案:

False

Whatarethemonetarypolicytoolsforthecentralbank?（）

参考答案:

Reserverequirements

;Openmarketoperations

;Discountlending

Whatarethemonetarypolicytoolsforthecentralbank?（）

参考答案:

Liquidityprovision

;Commitmenttofuturemonetarypolicyactions

;Assetpurchases

Whichofthefollowingdescriptionsarefortheobjectivesofthemonetarypolicyofthecentralbank?（）

参考答案:

Highemploymentandoutputstability

;Pricestability

第九章测试

Inthequantitytheoryofmoney,thevelocityofmoneyisalwaysdirectlyobservableinthemarketplace.（）

参考答案:

False

Theminimumholdingcostofmoneytendstobehigheriftheopportunitycostdecreases.（）

参考答案:

False

ThesecondstageofmonetarypolicyinChinaistheperiodofdirectcontrolandmanagementoftotalcreditsupply.（）

参考答案:

True

Asthepaymenttechnologybecomesmoreadvanced,thedemandformoneywillbehigher.（）

参考答案:

False

WhichofthefollowingstatementsiscorrectintheKeynesianDemandFunctionofMoney?（）

参考答案:

Therealincomeistypicallypositivelyassociatedwiththedemandformoney；

Thechannelsthroughwhichmonetarypolicyaffectseconomicactivitiesarecalledthe（）

参考答案:

transmissionmechanismsofmonetarypolicy；

Intheassetpricechannel,lowerrealinterestratewilldriveupthebondprices,whichincontrastmakesthestockmoreattractiveforinvestors,thentheTobin’sQwillbe（）

参考答案:

increasing；

Whatwillbethedeterminingfactorsofmoneydemandaccordingtotheportfoliotheoryofmoneydemand?（）

参考答案:

Wealth；

;liquidityofotherassets;

;Income；

;Interestrate；

AccordingtotheKeynesianDemandFunctionofMoney,themotiveswhichdeterminethedemandforliquidityinclude（）

参考答案:

transactionsmotive；

;speculativemotive

;precautionarymotive；

Since1998Chinahassteppedintothethirdstageofmonetarypolicy,accordingtothereformprocedures,thecorrectstatementsinthefollowingare（）

参考答案:

transitionfromquantitativemanagementtoprice-basedmanagementwasemphasized

;indirectmanagementofcreditprovisionwasimplemented

;market-orientedreformshavebeenundertaken

第十章测试

TheBOPistherecordoftheeconomicandfinancialflowsthattakeplaceoveraspecifiedtimeperiodbetweennon-residentsandnon-residentsofagivencountry.（）

参考答案:

False

Convertibilityisthemostimportantcharacteristicoftheforeignexchange.（）

参考答案:

True

Internationalexchangeresultsfromthecreditor'srightrelationshipcausedbyimportandexporttrade.（）

参考答案:

True

Directquoteistheamountofforeigncurrencyperunitofdomesticcurrency.（）

参考答案:

False

Thespotexchangemarketisamarketthatdealsinforeignexchangeforimmediatedelivery.Immediatedeliveryinforeigncurrenciesusuallymeanswithintwobusinessdays.（）

参考答案:

True

Withotherconditionsunchanged,therelationshipbetweenforwardexchangerateandinterestrateis().

参考答案:

Theforwardexchangerateofthecurrencywithhighinterestrateswilldepreciateinthefuture.

;Theforwardexchangerateofthecurrencywithlowinterestrateswillappreciateinthefuture.

Whichofthefollowinginterveningwaysofthecentralbankintheforeignexchangemarketareconsideredas‘indirectintervention’?（）

参考答案:

Anticipatory

;Interestrate

;Moneysupply

AsforChina,China’scapitalinflowswillcreatea__________foreigncurrencyanda__________CNY.()

参考答案:

Demandfor;supplyof

Whichofthefollowingtransactionsisrecordedinthefinancialaccount?()

参考答案:

AChinesebusinessmaninvest10milliondollarsofequipmentintheU.S.tosetupajointventure.

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

参考答案:

1.6150-1.6170

第十一章测试

China'sfinancialserviceisfullyopenedsinceApril1,2020（）

参考答案:

True

QDIIprogramstartedin2004.（）

参考答案:

False

“FourtrillionRMB”stimuluspackageledtoasurgeininvestmentdemand,whichisthemainreasonforChinatorelaxcapitalinflow.（）

参考答案:

True

China’sChinn-Itoindexhasremainedunchangedsince1993.()

参考答案:

True

Chinaismoreopenthanadvancedeconomies.()

参考答案:

False

Capitalaccountopening-upmayserveasacommitmentdevicetofinancialreforms.()

参考答案:

True

GreatercapitalaccountconvertibilitywillhelpRMBexpand.()

参考答案:

False

WhichofthefollowingarethereasonsforChina'smassivecapitaloutflowin2014-2016?（）

参考答案:

theShenzhen-HongKongStockConnect

;theShanghai-HongKongStockConnect

;expandedtheexistingQFII,QDIIandRQFIIprograms

;“BeltandRoad”

WhataretheshortcomingsofChina'sfinancialmarket（）

参考答案:

financialinstitutionshavelimitedincentivestoimproveproductsandservices

;financialinstitutionshavelimitedforeigncompetition

;financiallawsandregulationsaremorelikelytobetwisted

;lenienttoexcessiveleveragingandrisk-taking

WhendidChinaunveiltheShanghai-Lo