金融机构及市场--选择题、计算题的复习资料-有答案显示.pdfVIP

Chapter 2 Overview 2.1 Function of Financial Markets 1) Financial markets have the basic function of A) Getting people with funds to lend together with people who want to borrow funds. B) assuring that the swings in the business cycle are less pronounced. C) assuring that governments need never resort to printing money. D) providing a risk-free repository of spending power. Answer: A 2) Which of the following can be described as direct finance? A) You take out a mortgage from your local bank. B) You borrow $2500 from a friend. C) You buy shares of common stock in the secondary market. D) You buy shares in a mutual fund. Answer: B 3) Which of the following can be described as involving indirect finance? A) You make a loan to your neighbor. B) You buy shares in a mutual fund. C) You buy a U.S. Treasury bill from the U.S. Treasury. D) A corporation buys a short-term security issued by another corporation in the primary market. Answer: B 4.You can borrow $5000 to finance a new business venture. This new venture will generate annual earnings of $251. The maximum interest rate that you would pay on the borrowed funds and still increase your income is A) 25%. B) 12.5%. C) 10%. D) 5%. Answer: D 5) With ________ finance, borrowers obtain funds from lenders by PDF 文件使用 pdfFactory Pro 试用版本创建 selling them securities in the financial markets. A) active B) determined C) indirect D) direct Answer: D 2.2Struc