MACRO CPTER 9 TESTQUESTIONS宏观经济学答案.docxVIP

MACRO CHAPTER 9 TEST QUESTIONSMoney, Prices, and the Financial System ?Multiple Choice Questions?1.?In the United States saving is allocated to its most productive use by:?A.?the Federal Reserve.B.?the Federal, state, and local governments.C.?regulations and laws designed to improve productivity.D.?a decentralized, market-oriented financial system.?2.?Decentralized market-based financial systems improve the allocation of saving by:?A.?insuring capital gains exceed dividend payments.B.?eliminating the need for commercial banks or other financial intermediaries.C.?matching net capital i