LÝ THUYẾT TÀI CHÍNH TIỀN TỆ (ĐỀ 2)

1. Depository institutions exist because they:

• allow savers to give up the use of their funds for short periods and time and borrowers to borrow for long periods of time.
• increase the transaction costs associated with borrowing and lending
• always provides lower interest rates on loans to borrowers than would he received under direct finance
• always offer higher interest rates to savers than would be received under direct finance.

2. Inflation will adversely affect:

• Income of foreign experts.
• Income of commercial banks and credit institutions
• Fixed income of employees.
• Income of all classes of population

3. If everything else remains constant, which of the following enhances aggregate supply in the short run?

• Successful wage campaign by employees
• The expectations for a greater level of aggregate pricing
• Spiking in crude oil prices.
• Technological advancement that boosts worker output

4. Financial Intermediation is

• B and C
• far less important than direct finance through stock and bond markets
• much more important than direct finance through stock and bond markets
• only more important than direct finance in the United States

5. The statements are available.

• A commitment to buy or sell a specific amount of an underlying instrument at a specific price
• None of the preceding statements are correct
• Neither the right nor the responsibility to purchase a specific quantity of an underlying instrument at a specific price
• The right to a certain quantity of an underlying instrument at a specific price, but not the responsibility to do so

6.If the amount payable in two years is $2420 for a simple loan at 10 percent interest, the loan amount is UER

• S1210
• $2000
• $2200

7.Bonds that are sold in a foreign country and are denominated country's currency in which they are sold are known as in the

• foreign honds
• Eurobonds
• country bonds

8. The majority of central banks' attention is now focused on hoo

• Interest rates
• Adjusting the money multiplier's size
• the amount of M2
• The unemployment rate

9. Over the course of a year, suppose the worth of a pound rises from $2.0 to $2.10. This suggests that the

• The value of the dollar has increased in relation to the pound
• Both nominal and real exchange rates have shifted
• There has been a change in the nominal exchange rate
• There has been a change in the real exchange rate

10. Which of the following statements is not true

• Inflation is caused by rising prices.
• The value of money is the quantity of goods that money can buy
• Inflation is the increase in prices
• Inflation reduces the value of money