货币金融学第二章.pptVIP

Answer:A

IfMicrosoftsellsabondinLondonanditisdenominatedindollars,thebondisa________.A)EurobondB)foreignbondC)BritishbondD)currencybondAnswer:D

Whichofthefollowingfinancialintermediariesisnotadepositoryinstitution?A)AsavingsandloanassociationB)AcommercialbankC)AcreditunionD)AfinancecompanyAnswer:A

GovernmentregulationstoreducethepossibilityoffinancialpanicincludeallofthefollowingexceptA)transactionscosts.B)restrictionsonassetsandactivities.C)disclosure.D)depositinsurance.************Copyright?2010PearsonEducation.Allrightsreserved.2-*Copyright?2010PearsonEducation.Allrightsreserved.Chapter2AnOverview

oftheFinancialSystemPreviewIneztheInventorhasdesignedalow-costrobotthatcleanshouse(evendoeswindows),washesthecar,andmowsthelawn,butshehasnofundstoputherWonderfulinventionintoproduction.WaltertheWidowerhasplentyofsavings,whichheandhiswifeaccumulatedovertheyears.IfInezandWaltercouldgettogethersothatWaltercouldprovidefundstoInez,Inezsrobotwouldseethelightofday,andtheeconomywouldbebetteroff:Wewouldhavecleanerhouses,shiniercars,andmorebeautifullawns.OUTLINEFunctionofFinancialMarketsStructureofFinancialMarketsPrincipalMoneyMarketInstrumentsInternationalizationofFinancialMarketsFunctionofFinancialIntermediaries:IndirectFinanceRegulationoftheFinancialSystemFunctionofFinancialMarketsPerformtheessentialfunctionofchannelingfundsfromeconomicplayersthathavesavedsurplusfundstothosethathaveashortageoffundsDirectfinance:borrowersborrowfundsdirectlyfromlendersinfinancialmarketsbysellingthemsecurities.FunctionofFinancialMarketsPromoteseconomicefficiencybyproducinganefficientallocationofcapital,whichincreasesproductionDirectlyimprovethewell-beingofconsumersbyallowingt