货币银行学 教学大纲各章节复习(选择题) 附答案.pdfVIP

Part One: Overview of the Financial System This activity contains 14 questions. 1. Which of the following involves direct finance? A. A corporation takes out loans from a bank. B. An insurance company buys shares of common stock in the primary markets. C. People buy shares in a mutual fund. D. A money market mutual fund buys commercial paper in a secondary market. 2. Which of the following involves indirect finance? A. You make a loan to your neighbor. B. A corporation buys shares of common stock issued by another corporation. C. You buy a U.S. Treasury bill from the U.S. Treasury. D. You make a deposit in a bank account. 3. Which of the following statements about the characteristics of debt and equity is untrue? A. They both involve a claim on the issuers income. B. They can both be short-term instruments. C. They can both be long-term instruments. D. They both enable a corporation to raise funds. E. None of the above. 4. The capital market is the market in which A. previously issued securities can be resold. B. long-term debt and equity instruments are traded. C. new issues of a security are sold to the initial buyers. D. short-term debt and equity instruments are traded. 5. A bond denominated in Japanese yen and sold in t