原创力文档- 1、本文档共14页，可阅读全部内容。
- 2、原创力文档（book118）网站文档一经付费（服务费），不意味着购买了该文档的版权，仅供个人/单位学习、研究之用，不得用于商业用途，未经授权，严禁复制、发行、汇编、翻译或者网络传播等，侵权必究。
- 3、本站所有内容均由合作方或网友上传，本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺！文档内容仅供研究参考，付费前请自行鉴别。如您付费，意味着您自己接受本站规则且自行承担风险，本站不退款、不进行额外附加服务；查看《如何避免下载的几个坑》。如果您已付费下载过本站文档，您可以点击 这里二次下载。
- 4、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等，请点击“版权申诉”（推荐），也可以打举报电话：400-050-0827(电话支持时间：9:00-18:30)。
查看更多
Test Bank (chapter 04) - Macroeconomics, 6e (Blanchard╱Johnson)
Macroeconomics, 6e (Blanchard/Johnson)
Chapter 4: Financial Markets
4.1 Multiple Choice Questions
1) Which of the following is a characteristic of bonds?
A) pay zero nominal interest
B) can be used for transactions
C) are sold for a price that varies inversely with the interest rate
D) all of the above
E) none of the above
Answer: C
Diff: 1
2) Which of the following is a flow variable?
A) income
B) money
C) financial wealth
D) all of the above
E) none of the above
Answer: A
Diff: 1
3) Which of the following is a component of money?
A) bonds
B) saving
C) income
D) stocks
E) none of the above
Answer: E
Diff: 1
4) Which of the following is a component of money?
A) coins held by the nonbank public
B) bills held by banks
C) checkable deposits
D) all of the above
Answer: D
Diff: 1
5) Which of the following will cause an increase in the amount of money that one wishes to hold?
A) an increase in the interest rate increase
B) a reduction in the interest rate increase
C) a reduction in income
D) none of the above
Answer: B
Diff: 2
6) The money demand curve will shift to the right when which of the following occurs?
A) an increase in income
B) a reduction in the interest rate
C) an increase in the money supply
D) all of the above
E) none of the above
Answer: A
Diff: 2
7) The money demand curve will shift to the left when which of the following occurs?
A) a reduction in the interest rate
B) an increase in the interest rate
C) an open market sale of bonds by the central bank
D) an increase in income
E) none of the above
Answer: E
Diff: 2
8) Which of the following is NOT included as a component of the M1 definition of money?
A) bonds
B) checkable deposits
C) coins and bills held by the nonbank public
D) all of the above
E) none of the above
Answer: A
Diff: 1
9) In 2006, the average U.S. household held approximately how much currency (dollar bills and coins)?
A) $50
B) $100
C) $600
D) $1600
E) none of the above
Answer: D
Diff: 2
10) Which of the following countries h
文档评论（0）