米什金金融市場(chǎng)與機(jī)構(gòu)答案

【篇一：米什金《金融市場(chǎng)與金融機(jī)構(gòu)》課后習(xí)題及其答案】class=txt>345【篇二：米什金《金融市場(chǎng)與金融機(jī)構(gòu)》課后習(xí)題答案】版通用)(1－11章)12345【篇三：第一章為何學(xué)習(xí)金融市場(chǎng)與機(jī)構(gòu)(英文習(xí)題及答案)】lmarketsandinstitutions?1.1singlechoicefinancialmarketsandinstitutionsinvolvethemovementofhugequantitiesofmoney.affecttheprofitsofbusinesses.affectthetypesofgoodsandservicesproducedinaneconomy.doalloftheabove.doonlyaandboftheabove.financialmarketactivitiesaffectpersonalwealth.spendingdecisionsbyindividualsandbusinessfirms.theeconomyslocationinthebusinesscycle.alloftheabove.marketsinwhichfundsaretransferredfromthosewhohaveexcessfundsavailabletothosewhohaveashortageofavailablefundsarecalledcommoditymarkets.fundsmarkets.derivativeexchangemarkets.financialmarkets.thepricepaidfortherentalofborrowedfunds(usuallyexpressedasapercentageoftherentalof$100peryear)erestratesareimportanttofinancialinstitutionssinceaninterestrateincreasethecostofacquiringfundsandtheincomefromassets.decreases;decreasesincreases;increasesdecreases;increasesincreases;decreasestypically,ernmentbonds,ernmentbonds,interestratesonthree-monthtreasurybillsfluctuateandareonaverage.more;lowerless;lowermore;higherless;higherthestockmarketisimportantbecauseitiswhereinterestratesaredetermined.itisthemostwidelyfollowedfinancialmarketintheunitedstates.itiswhereforeignexchangeratesaredetermined.alloftheabove.stockpricessincethe1950shavebeenrelativelystable,trendingupwardatasteadypace.relativelystable,trendingdownwardatamoderaterate.extremelyvolatile.unstable,trendingdownwardatamoderaterate.thelargestone-daydropinthehistoryoftheamericanstockmarketsoccurredin1929.1987.2000.2001.arisingstockmarketindexduetohighersharepricesndasaresultmayincreasetheirwillingnesstospend.increasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.decreasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.bothaandboftheabove.adecliningstockmarketindexduetolowersharepricesreducespeopleswealthandasaresultmayreducetheirwillingnesstospend.increasespeopleswealthandasaresultmayincreasetheirwillingnesstospend.decreasestheamountoffundsthatbusinessfirmscanraisebysellingnewlyissuedstock.bothaandcoftheabove.bothbandcoftheabove.changesinstockpricesaffectpeopleswealthandtheirwillingnesstospend.affectfirmsdecisionstosellstocktofinanceinvestmentspending.arecharacterizedbyconsiderablefluctuations.alloftheabove.onlyaandboftheabove.(i)debtmarketsareoftenreferredtogenericallyasthebondmarket.(ii)abondisasecuritythatisaclaimontheearningsandassetsofacorporation.(i)istrue,(ii)false.(i)isfalse,(ii)true.botharetrue.botharefalse.(i)abondisadebtsecuritythatpromisestomakepaymentsperiodicallyforaspecifiedperiodoftime.(ii)astockisasecuritythatisaclaimontheearningsandassetsofacorporation.(i)istrue,(ii)false.(i)isfalse,(ii)true.botharetrue.botharefalse.thepriceofonecountryscurrencyintermsofanothersiscalledtheexchangerate.theinterestrate.thedowjonesindustrialaverage.noneoftheabove.astrongerdollarbenefitsandhurtsamericanbusinesses;americanconsumers.americanbusinesses;foreignbusinesses.americanconsumers;americanbusinesses.foreignbusinesses;americanconsumers.aweakerdollarbenefitsandhurtsamericanbusinesses;americanconsumers.americanbusinesses;foreignconsumers.americanconsumers;americanbusinesses.foreignbusinesses;americanconsumers.from1980toearly1985thedollarinvalue,therebybenefitingamericanappreciated;businesses.appreciated;consumers.depreciated;businesses.depreciated;consumers.moneyisdefinedasanythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.billsofexchange.arisklessrepositoryofspendingpower.alloftheabove.onlyaandboftheabove.theorganizationresponsiblefortheconductofmonetarypolicyintheunitedstatesisthecomptrollerofthecurrency.u.s.treasury.federalreservesystem.bureauofmonetaryaffairs.thecentralbankoftheunitedstatesisciticorp.thefed.bankofamerica.thetreasury.noneoftheabove.monetarypolicyischieflyconcernedwithhowmuchmoneybusinessesearn.thelevelofinterestratesandthenationsmoneysupply.howmuchmoneypeoplepayintaxes.whetherpeoplehavesavedenoughmoneyforretirement.economistsgroupcommercialbanks,savingsandloanassociations,creditunions,mutualfunds,mutualsavingsbanks,insurancecompanies,pensionfunds,andfinancecompaniestogetherundertheheadingfinancialintermediaries.financialintermediariesactasmiddlemen,ducenothingofvalueandarethereforeadrainonsocietysresources.helppromoteamoreefficientanddynamiceconomy.doalloftheabove.doonlyaandcoftheabove.economistsgroupcommercialbanks,savingsandloanassociations,creditunions,mutualfunds,mutualsavingsbanks,insurancecompanies,pensionfunds,andfinancecompaniestogetherundertheheadingfinancialintermediaries.financialintermediariesactasmiddlemen,borrowingfundsfromthosewhohavesavedandlendingthesefundstoothers.playanimportantroleindeterminingthequantityofmoneyintheeconomy.helppromoteamoreefficientanddynamiceconomy.doalloftheabove.doonlyaandcoftheabove.banksareimportanttothestudyofmoneyandtheeconomybecausetheyprovideachannelforlinkingthosewhowanttosavewiththosewhowanttoinvest.havebeenasourceofrapidfinancialinnovationthatisexpandingthealternativesavailabletothosewantingtoinvesttheirmoney.aretheonlyfinancialinstitutiontoplayaroleindeterminingthequantityofmoneyintheeconomy.doalloftheabove.doonlyaandboftheabove.banks,savingsandloanassociations,mutualsavingsbanks,andcreditunionsarenolongerimportantplayersinfinancialintermediation.havebeenprovidingservicesonlytosmalldepositorssincederegulation.havebeenadeptatinnovatinginresponsetochangesintheregulatoryenvironment.alloftheabove.onlyaandcoftheabove.(i)banksarefinancialintermediariesthatacceptdepositsandmakeloans.(ii)thetermbanksincludesfirmssuchascommercialbanks,savingsandloanassociatio