金融市场与金融机构（原书第9版）题库chapter 16.docVIP

PAGE 22 Copyright ? 2018 Pearson Education, Inc. Financial Markets and Institutions, 9e (Mishkin) Chapter 16 The International Financial System 16.1 Multiple Choice 1) A central bank sale of ________ to purchase ________ in the foreign exchange market results in an equal rise in its international reserves and the monetary base. A) foreign assets; domestic currency B) foreign assets; foreign currency C) domestic currency; foreign assets D) domestic currency; domestic currency Answer: C Topic: Chapter 16.1 Intervention if the Foreign Exchange Market Question Status: Previous Edition 2) A central bank sale of ________ to purchase ________ in the foreign exchange market results in an equal decline in its international reserves and the monetary base. A) foreign assets; domestic currency B) foreign assets; foreign currency C) domestic currency; foreign assets D) domestic currency; domestic currency Answer: A Topic: Chapter 16.1 Intervention if the Foreign Exchange Market Question Status: Previous Edition 3) A central bank ________ of domestic currency and corresponding ________ of foreign assets in the foreign exchange market leads to an equal ________ in its international reserves and the monetary base. A) sale; purchase; decline B) sale; sale; increase C) purchase; sale; increase D) purchase; sale; decline Answer: D Topic: Chapter 16.1 Intervention if the Foreign Exchange Market Question Status: Previous Edition 4) A central bank ________ of domestic currency and corresponding ________ of foreign assets in the foreign exchange market leads to an equal ________ in its international reserves and the monetary base. A) sale; purchase; increase B) sale; sale; decline C) purchase; sale; increase D) purchase; purchase; decline Answer: A Topic: Chapter 16.1 Intervention if the Foreign Exchange Market Question Status: Previous Edition 5) When the central bank allows the purchase or sale of domestic currency to have an effect on the monetary base, it is c