货币银行学(C卷)答案.doc

江西财经大学09－10学年第二学期 期末考试参考答案与评分标准 试卷代码： 12423C 授课课时：48 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 Part I. This part has 20 Multiple Choice Questions and each one is worth 1 points. The total points for this part are 20 points. Please choose only one answer for each question. The Fed can exert more precise control over _____ than it can over _____. high-powered money; reserves high-powered money; the monetary base the monetary base; high-powered money reserves; high-powered money Answer: A Question Status: Previous Edition A contract that requires the investor to sell securities on a future date is called a short contract. long contract. hedge. micro hedge. Answer: A Question Status: Previous Edition The fact that depositors cannot distinguish good from bad banks is a(n) adverse selection problem. moral hazard problem. asymmetric information problem. too-big-to-fail problem. Answer: C Question Status: New Which of the following effects of a change in the money supply is most likely to affect the interest rate differently than the others? The expected inflation effect The income effect The liquidity effect The price level effect Answer: C Question Status: Previous Edition If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and excess reserves total $0.8 billion, then the money supply is $8000. $1200. $1200.8. $8400. Answer: B Question Status: Previous Edition A _____ in _____ increases the money supply since it causes the _____ to rise. decrease; reserve requirements; monetary base rise; reserve requirements; money multiplier rise; reserve requirements; monetary base decrease; reserve requirements; money multiplier Answer: D Question Status: Previous Edition A bank’s balance sheet shows that total assets