《金融市场学》习题

《金融市场学》复习题1.ﻩC ｏ m ｍ on stock is an exampl ｅ of a(n) ______.Ａ)ｄｅ bt se ｃｕ r ｉ ty. B) m ｏ ney ｍ ar ｋｅ t s ｅ curitｙ. C)equi ｔ y s ｅｃ urity. D) a an ｄ ｂ2. The ｒ equ ｉｒ ed ｒｅｔ urn to implemen ｔ a ｇ ive ｎ busｉ n ｅ s ｓ pro ｊ ect w ｉ ll be ______ if int ｅ r ｅ st ra ｔ es ａre ｌ owe ｒ. T ｈ i ｓ ｉ mplie ｓ tha ｔ bu ｓ ine ｓ se ｓ ｗ iｌ l de ｍａ n ｄ ａ ____＿_ ｑ uan ｔ ity of lo ａ n ａ ble f ｕ nds when int ｅｒ est r ａ te ｓ ａｒ e lower. Ａ)ﻩｇ r ｅ ate ｒ； ｌ o ｗ er Ｂ) lowe ｒ; gre ａ ter C)ﻩｌｏwer; ｌ ow ｅ r D) g ｒ ea ｔｅ r; ｇ re ａ ter3.ﻩＴ he federa ｌ go ｖ er ｎ ment de ｍ and f ｏ r l ｏ anable funｄ s ｉ s _＿__＿__＿__． If t ｈｅ budge ｔ d ｅ ficit w ａ s expe ｃted t ｏ increase， the ｆｅ d ｅ ra ｌ ｇ overnment ｄｅ mand ｆor loana ｂｌ e ｆ un ｄ s woul ｄ __＿_____. ﻩA)ﻩｉ nte ｒｅ s ｔ e ｌａ st ｉｃ; dec ｒ e ａｓｅ Ｂ)interest ｅｌａ stic; ｉｎ crease Ｃ)i ｎｔ er ｅ s ｔ ｉ ne ｌ astic; inc ｒ e ａ se D)interｅｓ t inelas ｔ ic; de ｃｒ eas ｅ４.If ｔ h ｅ real i ｎ terest r ａ t ｅ was n ｅ g ａ ti ｖ e f ｏ r a perioｄ o ｆ tim ｅ, thenA）i ｎ flat ｉｏ n i ｓ ex ｐ ec ｔ e ｄ to exce ｅ d ｔｈｅ nomiｎ al in ｔ er ｅｓ t ra ｔ e in ｔ h ｅ fut ｕ re.B)ﻩinfla ｔ io ｎ is exp ｅ c ｔ ed to be less ｔｈａ n t ｈ e nomｉ nal ｉ ntere ｓ t rate in t ｈ e fut ｕｒ e． ﻩC) ac ｔ ual inf ｌ at ｉ on ｗ as les ｓ ｔｈ an t ｈ e nomi ｎ aｌ inte ｒｅ st r ａ t ｅ． Ｄ）ａ c ｔ ual infl ａ t ｉ on was great ｅ r th ａ n the n ｏｍinal interest rate.5. I ｆ inflation ｔ urn ｓ ｏ ut ...