财 经 原 版 试 题 - 副本.docVIP

财 经 原 版 试 题 班级 2012级金融一班 姓名麻 婧 学号201204020125 1. Financial market participants who provide funds are called A) deficit units. B) surplus units. C) primary units. D) secondary units. ANSWER: B 2. The main provider(s) of funds to the U.S. Treasury is (are) A) households and businesses. B) foreign financial institutions. C) the Federal Reserve System. D) foreign nonfinancial sectors. ANSWER: A 3. Funds are provided to the initial issuer of securities in the A) secondary market. B) primary market. C) deficit market. D) surplus market. ANSWER: B 4. Which of the following is a capital market instrument? A) a sixmonth CD B) a threemonth Treasury bill C) a tenyear bond D) an agreement for a bank to loan funds directly to a company for nine months ANSWER: C 5. Money market securities generally have ______.? Capital market securities are typically expected to have a ______. A) less liquidity; higher annualized return B) more liquidity; lower annualized return C) less liquidity; lower annualized return D) more liquidity; higher annualized return ANSWER: D 6. The required return to implement a given business project will be ______ if interest rates are lower.? This implies that businesses will demand a ______ quantity of loanable funds when interest rates are lower. ? A) greater; lower B) lower; greater ? C) lower; lower ? D) greater; greater ANSWER: B 7. If interest rates are ______ , ______ projects will have positive NPVs. A) higher; more B) lower; more ? C) lower; no ? D) none of the above ANSWER:B 8. The demand for funds resulting from business investment in shortterm assets is ______ related to the number of projects implemented, and is therefore ______ related to the interest rate. ? A) inversely; positively B) positively; inversely ? C) inversely; inversely ? D) positively; positively ANSWER: B 9. Which of the following will probably not result in an increase in the business demand for loanable funds? an increase in