金融英语练习题-本科 功-整理ing.docVIP

Deposit reserve 存款，准备金 Collateral 抵押品 default risks拖欠风险 off-balance sheet activities 表外业务 common stocks 普通股 securities market 证券市场 brokers 经纪人 NYSE 纽约证券交易所 discount rate 贴现率 inflation 通货膨胀 中央银行 central bank 总需求 total demand 市场经济 market economy 贸易逆差 trade deficit 汇率 exchange rate 16.失业率 unemployment rate 17.金融市场 financial market 18.个人理财 personal finance 19.初级市场 primary market 20.资产平衡表 balance sheet 1. It is important to reduce the unemployment rate, because a high unemployment rate will cause inflation. (F) 2. When the central bank needs to absorb money to reduce inflation, it will buy government bonds, bills, or other government-issued notes. (F) 3. The insurance companies will profit if they invest the money at a greater return than the excess amount that they pay to policyholder. (T) 4. Modern macroeconomics studies short-tern crises such as high unemployment as well as the issue of long term growth. (T) 5. Webster’s Dictionary defines finance as “the science of allocating money”. 6. The two basic types of stock are common stock and preferred stock. (T) 7. Paper assets such as checks and currency should not be considered as money due to their special functions. (F) 8. For open market transactions to become more efficient, the discount rate should prevent the banks from never-ending borrowing. (T) 9. According to the Federal Reserve Act of 1913, the purpose of the Federal Reserve System was to furnish an elastic currency, afford means of rediscounting commercial papers and establish a more effective supervision of banking in the United States. (T) 10. The only objective of a bank is how to maximize its profits without considerations of any other factors. (F) Reading Comprehension. Passage 1 A credit card is a plastic card (or its equivalent) to be used upon presentation by the cardholder to obtain money, goods, or services, possibly under a line of credit established by the card issuer. The cardholder is billed for and outst