投资学题库Chap001.docxVIP

Chapter 01The Investment Environment?Multiple Choice Questions?1.The material wealth of a society is a function of??A.?all financial assets.B.?all real assets.C.?all financial and real assets.D.?all physical assets.?2._______ are real assets.??A.?LandB.?MachinesC.?Stocks and bondsD.?KnowledgeE.?Land, machines, and knowledge?3.The means by which individuals hold their claims on real assets in a well-developed economy are??A.?investment assets.B.?depository assets.C.?derivative assets.D.?financial assets.E.?exchange-driven assets.?4._______ are financial assets.??A.?BondsB.?MachinesC.?StocksD.?Bonds and stocksE.?Bonds, machines, and stocks?5._________ financial asset(s).??A.?Buildings areB.?Land is aC.?Derivatives areD.?U.S. agency bonds areE.?Derivatives and U.S. agency bonds are?6.Financial assets??A.?directly contribute to the countrys productive capacity.B.?indirectly contribute to the countrys productive capacity.C.?contribute to the countrys productive capacity both directly and indirectly.D.?do not contribute to the countrys productive capacity either directly or indirectly.E.?are of no value to anyone.?7.In 2012, ____________ was the most significant real asset of U.S. households in terms of total value.??A.?consumer durablesB.?automobilesC.?real estateD.?mutual fund sharesE.?bank loans?8.In 2012, ____________ was the least significant financial asset of U.S. households in terms of total value.??A.?real estateB.?mutual fund sharesC.?debt securitiesD.?life insurance reservesE.?pension reserves?9.In 2012, ____________ was the most significant financial asset of U.S. households in terms of total value.??A.?real estateB.?mutual fund sharesC.?debt securitiesD.?life insurance reservesE.?pension reserves?10.In 2012, ____________ was the most significant asset of U.S. households in terms of total value.??A.?real estateB.?mutual fund sharesC.?debt securitiesD.?life insurance reservesE.?pension reserves?11.In 2012, ____________ was the most significant liability of U.S.