第4單元-金融考試題-西南財(cái)經(jīng)大學(xué)天府學(xué)院

1、1Copyright?2012PearsonEducationInc.FinancialMarketsInstitutions7e(Mishkin)Chapter4WhyDoInterestRatesChange4.1MultipleChoice1)Asthepriceofabond________theexpectedreturn________bondsbecomemeattractivetoinveststhequantityde

2、medrises.A)fallsrisesB)fallsfallsC)risesrisesD)risesfallsAnswer:A2)Thesupplycurvefbondshastheusualupwardslopeindicatingthatastheprice________ceterisparibusthe________increases.A)fallssupplyB)fallsquantitysuppliedC)risess

3、upplyD)risesquantitysuppliedAnswer:D3)Whenthepriceofabondisabovetheequilibriumpricethereisexcess________inthebondmarketthepricewill________.A)demriseB)demfallC)supplyfallD)supplyriseAnswer:C4)Whenthepriceofabondisbelowth

4、eequilibriumpricethereisexcess________inthebondmarketthepricewill________.A)demriseB)demfallC)supplyfallD)supplyriseAnswer:A5)Whenthepriceofabondis________theequilibriumpricethereisanexcesssupplyofbondsthepricewill______

5、__.A)aboveriseB)abovefallC)belowfallD)belowriseAnswer:B3Copyright?2012PearsonEducationInc.11)Whenthedemfbonds________thesupplyofbonds________interestratesrise.A)increasesincreasesB)increasesdecreasesC)decreasesdecreasesD

6、)decreasesincreasesAnswer:D12)Whenthedemfbonds________thesupplyofbonds________interestratesfall.A)increasesincreasesB)increasesdecreasesC)decreasesdecreasesD)decreasesincreasesAnswer:B13)Whenthedemfbonds________thesupply

7、ofbonds________bondpricesrise.A)increasesdecreasesB)decreasesincreasesC)decreasesdecreasesD)increasesincreasesAnswer:A14)Whenthedemfbonds________thesupplyofbonds________bondpricesfall.A)increasesincreasesB)increasesdecre

8、asesC)decreasesdecreasesD)decreasesincreasesAnswer:D15)FactsthatdeterminethedemfanassetincludechangesintheA)wealthofinvests.B)liquidityofbondsrelativetoalternativeassets.C)expectedreturnsonbondsrelativetoalternativeasset