所有above@both are true 都选above all @true除了
To encourage depository institutions to borrow,the central bank can（B）
A.increasr the requored reseve ratio
B.decrease the discount rate
C.sell securities
D.All of the above
1.The flow of money from net lenders or financial intermediaries to net borrowers in a given time period is called(A)
A.criedit
2.Increases in credit cause(B)
B.increases in income and increases in spending
3.Decreases in credit cause(D)
D.decreases in income and decreases in spending
5.To the extent that lending bypasses domestic depository institutions,the linkage between money and economic activity may by （B）
B.weakened
6.Historical data suggests that a sustained and significant rise in money supply or credit growth will tend to（A）output growth and,with a lag,tend at times to （A）tne inflation rate.
A.raise,raise
7.The cost of credit is all of the following except（C）
C.equivalent to the supply of money
8.Fluctuations in economic activity are（A）related to money and credit flows.
A.strongly
9.Which of the following id true?（A）
A.In recent decades,the banking system has been getting a declining share of credit extension
10.Which of the following actions would not cause credit to increase,ceteris paribus?（A）
A.Increases in the prime rate
2.（C）represents the value today of funds to be received or lent on a future date.
C.The present value
3.If Erik lends Dan $5,000 and Dan agrees to repay Erik $6,000 in 1 year's time,the $5,000 is the （C）
C.principal
4.Which of these questions does discounting answer?（A）appreciates
A.What is the present value of money to be paid in the future
B.What is the future value value of money to be paid in the future
C.What is the future value of money to be paid in the present
D.None of the above
5.The periodic payments made to bondholders is called the （B）
B.coupon payment
6.Coupon payments are equal to the （A）
A.Coupon rate on a bond multiplied by the face value of the bond
8.A bond sells at （D）because interest rates have increased since the bond was originally issued.
D.a discoynt from par
9.If a bond is sold at a discount from par,this （C）
C.raises the yield on thw bond
10.In general,if bond prices are rising,then interest rates are（B）
B.falling
1.The number of units of foreign currency that can be acquired with one unit of domestic money is called the（A）
A.exchange rate
2.If the dollar appreciates relative to the yen,which of the following is true（A）
A.the dollar's purchasing power in trems of yen has increased
B.the dollar's purchading power in terms of yen has decreased
C.a dollar previously worth 100 yen,would now be worth less than 100 yen
D.Both B and C
3.A depreciation of the dollar will（A）
A.lower the foreigb currency price of U.S. goods in foreign markets
B.increase the foreign currency price of U.S. goods in foreign markets
C.lower the dollar price of foreign goods in the United States
D.Both B and C
4.Which of the following ,ceteris paribus,will cause the yen to appreciate?（B）
B.An increase in foreign inflation
5.An increase in real income in the United States will（B）
B.increase the supply of follars
6.A change in foreign interest rates relative to U.S. interest rates will（D）
D.increase or decrease the demand or supply of dollars in the foreign exchang market
7.A change in foeign real incomes will（D）
D.increase or decrease the demand for dollars in the foreign exchange market
8.As the dollar appreciates,holding all other factors constant,dollar prices of foreign goods（A）
A.decrease
9.When the dollar appreciates,which of the following generally occurs in U.S.A.?（C）
C.Imports increase
10.If an American-made drum set cost $2,500and the dollar depreciated,the foreign price of the drum set would tend to（C）
C.decrease
2.Financial markets have the basic funtion of （A）
A.bringing together people with funds to lend and people who want toborrow funds
B.assuring that the swings in the business cycle are less pronounced
C.assuring that government need never redort to printing money
D.Both A and B of the above
3.Which of the following can be described as involving direct finance?（B）
A.A corporation's stock is traded in an over-the-counter market