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财政与金融 复习题及答案(国外英文资料)
财政与金融 复习题及答案(国外英文资料)
First, the noun explanation
1. financial derivatives: refers to the establishment of the basis of financial instruments or basic financial variables, the price depends on the latter price changes derived products.
2. fiscal revenue: refers to the government to realize its functions, by virtue of political rights or ownership of the means of production, to take a certain form, from dispersed in the value of the social product each micro economic subjects, together a part of the money.
3. market failure: refers to the spontaneous market economy defect or defects, imperfect aspects that or is inconsistent with the market factors in the condition of perfect competition and market operation results, its essence is that the inherent defects of the market mechanism.
4. fiscal policy: broadly speaking, fiscal policy is the government according to the requirements of the objective economic law, as the sum of basic rules and measures to achieve a certain goal as the guidance for the development of financial work; the narrow sense is, fiscal policy is the government for the realization of economic and social development goals, principles and measures of the adjustment of the sum of finance the total revenue and expenditure and structure.
5. monetary demand refers to the need for money in all sectors of society (government, enterprises, units and individuals) and willing to have part or all of their holdings in monetary form.
6., money supply, relative to money demand, can be investigated and understood from two perspectives, dynamic and static. Dynamic currency refers to a country in a certain period to create the banking system into the economy, and the whole process of monetary expansion (contraction); static money supply refers to the circulation in a certain point in the stock of money, usually referred to as money supply.
7., inflation: refers to the currency in the circulation of paper money, the market supply of money exceeds the necessary amount
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