货币银行学092期末试卷（A卷）

货币银行学092期末试卷（A卷）江西财经大学09－10学年第二学期期末考试试卷试卷代码：12423A授课课时：48课时课程名称：货币银行学适用对象：国际学院学生试卷命题人李静试卷审核人王耀德PartI.Thisparthas20MultipleChoiceQuestionsandeachoneisworth1points.Thetotalpointsforthispartare20points.Pleasechooseonlyoneanswerforeachquestion.1)Moneysupplymodelstendtofocusonthemonetarybaseratherthanonreservessince(a)Fedactionshavenoeffectonreservesbuthaveapredictableeffectonthemonetarybase.(b)Fedactionsingeneralhavelittleeffectonreservesbuthaveapredictableeffectonthemonetarybase.(c)Fedactionshaveamorepredictableeffectonthemonetarybase.(d)noneoftheabove.2)Thepriceofafuturescontractattheexpirationdateofthecontract(a)equalsthepriceoftheunderlyingasset.(b)equalsthepriceofthecounterparty.(c)equalsthehedgeposition.(d)equalsthevalueofthehedgedasset.3)Iftheliquidityeffectislargerthantheothereffects,anincreaseinmoneygrowthwill(a)lowerinterestrates.(b)raiseinterestrates.(c)causeinterestratestoriseinitiallybutthenfallbelowtheinitiallevel.(d)causeinterestratestofallinitiallybutthenriseabovetheinitiallevel.4)Depositinsurance(a)attractsrisk-proneentrepreneurstothebankingindustry.(b)encouragesbankmanagerstotakeongreaterrisksthantheyotherwisewould.(c)reducestheincentivesofdepositorstomonitortheriskinessoftheirbanks’assetportfolios.(d)doesalloftheabove.5)The_____arethecostsassociatedwithdepositoutflows,the_____excessreservesbankswillwanttohold.(a)lower;more(b)higher;less(c)higher;more(d)Noneoftheabove,sincedepositoutflowscannotbeanticipated.6)Theformulalinkingthemoneysupplytothemonetarybaseis(a)M＝m＋MB..(b)M＝m×MB.(c)m＝M×MB.(d)MB＝M×m.7)Ifinterestratesareexpectedtofallinthefuture,thedemandforlong-termbondstoday_____andthedemandcurveshiftstothe_____.(a)rises;right(b)rises;left(c)falls;right(d)falls;left8)Moneyisdefinedas(a)billsofexchange.(b)anythingthatisgenerallyacceptedinpaymentforgoodsandservicesorintherepaymentofdebt.(c)arisk-freerepositoryofspendingpower.(d)theunrecognizedliabilityofgovernments.9)Federalreserveassetsinclude(a)governmentsecurities.(b)bankreserves.(c)currencyincirculation.(d)alloftheabove.10)Usingtheone-periodvaluationmodel,assumingayear-endd