Chapter 3
What Is Money?
Multiple Choice
1)There is no single precise measure of money or the money supply for economists because
(a)the government considers money supply statistics to be confidential and refuses to publish them.
(b)deciding what is generally accepted in payment for goods and services or in the repayment of
debt is difficult to determine.
(c)economists cannot agree if currency should be considered money.
(d)of each of the above.
(e)of both (a) and (b) of the above.
Answer:B
Question Status: Previous Edition
2)Economists find no completely satisfactory way to measure money because
(a)money supply statistics are a state secret.
(b)the Federal Reserve does not employ or report different measures of the money supply.
(c)the “moneyness” or liquidity of an asset is a mat ter of degree.
(d)economists find disagreement interesting and refuse to agree for ideological reasons.
Answer:C
Question Status: Previous Edition
3)Currency includes
(a)paper money and coins.
(b)paper money, coins, and checks.
(c)paper money and checks.
(d)paper money, coins, checks, and savings deposits.
Answer:A
Question Status: Previous Edition
4)The difference between money and income is that
(a)money is a flow and income is a stock.
(b)money is a stock and income is a flow.
(c)there is no difference—money and income are both stocks.
(d)there is no difference—money and income are both flows.
Answer:B
Question Status: Previous Edition
5)It is true that
(a)income and wealth are both stocks.
(b)money and income are both stocks.
(c)income is a flow and wealth is a stock.
(d)money and wealth are both flows.
(e)money and income are both flows.
Answer:C
Question Status: New
Chapter 3 What Is Money? 59 6)When people say, “Bill Gates sure is rich, he has a lot of money,” they probably mean that
Bill Gates
(a)has a large checking account balance.
(b)is quite wealthy.
(c)has a relatively high income.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
7)An individual’s annual salary is her
(a)money.
(b)income.
(c)wealth.
(d)liabilities.
(e)assets.
Answer:B
Question Status: New
8) A person’s house is part of her
(a)money.
(b)income.
(c)liabilities.
(d)wealth.
(e)all of the above.
Answer:D
Question Status: New
9) A person’s checking deposits are part of her
(a)money.
(b)income.
(c)wealth.
(d)all of the above.
(e)only (a) and (c) of the above.
Answer:E
Question Status: New
10) A penny collection is
(a)money.
(b)income.
(c)wealth.
(d)all of the above.
(e)only (a) and (c) of the above.
Answer:E
Question Status: New
11)Money is
(a)anything that is generally accepted in payment for goods and services or in the repayment of
debt.
(b)frequently—but incorrectly—used synonymously with wealth.
(c)paper money, coins, and checks.
(d)all of the above.
(e)only (a) and (c) of the above.
Answer:D
Question Status: Revised
60 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
12)Money is
(a)anything that is generally accepted in payment for goods and services or in the repayment of debt.
(b)frequently—but incorrectly—used synonymously with wealth.
(c)a flow of earnings per unit of time.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
13)Which of the following are true statements?
(a)Wealth is the total collection of pieces of property that are a store of value.
(b)Money is frequently confused with income.
(c)Income is a flow of earnings per unit of time.
(d)All of the above are true.
(e)Only (a) and (b) of the above are true.
Answer:D
Question Status: Previous Edition
14)Which of the following are true statements?
(a)Wealth is the total collection of pieces of property that are a store of value.
(b)Money is a stock; it is a certain amount at a given point in time.
(c)Income is a flow of earnings per unit of time.
(d)All of the above are true.
(e)Only (a) and (b) of the above are true.
Answer:D
Question Status: Previous Edition
15)Which of the following are true statements?
(a)Wealth is the total collection of pieces of property that are a store of value.
(b)Money is a flow variable.
(c)Income is a stock variable.
(d)All of the above are true.
Answer:A
Question Status: Previous Edition
16)Of mo ney’s three functions, the one that distinguishes money from other assets is its function as a
(a)store of value.
(b)unit of account.
(c)standard of deferred payment.
(d)medium of exchange.
Answer:D
Question Status: Previous Edition
17)Some of the forms money has taken throughout history include
(a)tobacco.
(b)cigarettes.
(c)wampum.
(d)all of the above.
Answer:D
Question Status: Revised
18)If peanuts serve as a medium of exchange, a unit of account, and a store of value, then peanuts are
(a)bank deposits.
(b)reserves.
(c)money.
(d)loanable funds.
(e)all of the above.
Answer:C
Study Guide
Chapter 3 What Is Money? 61 19)When an economist states that barter is impossible, she doesn’t really mean that barter is impossible.
Her real meaning is that
(a)barter transactions are relatively costly.
(b)barter has no useful place in today’s world.
(c)it is impossible for barter transactions to leave parties to an exchange better off.
(d)barter is illegal.
(e)each of the above is true.
Answer:A
Question Status: Study Guide
20) A problem with barter exchange is that barter requires
(a)a double coincidence of wants.
(b)specialization.
(c)standardization.
(d)mutual respect.
(e)a common denominator to determine prices.
Answer:A
Question Status: New
21)The problem of the double coincidence of wants can be avoided if
(a)trade is organized in a central market.
(b)money is used to facilitate exchanges.
(c)barter trades are encouraged.
(d)both (a) and (b) of the above.
Answer:B
Question Status: Previous Edition
22)The conversion of a barter economy to one that uses money increases efficiency by reducing
(a)the need to exchange goods.
(b)the need to specialize.
(c)the need to employ team production methods.
(d)transactions costs.
Answer:D
Question Status: Previous Edition
23)The conversion of a barter economy to one that uses money
(a)increases efficiency by reducing the need to exchange goods and services.
(b)increases efficiency by reducing the need to specialize.
(c)increases efficiency by reducing transactions costs.
(d)does not increase economic efficiency.
Answer:C
Question Status: Previous Edition
24)Which of the following are true statements?
(a)The conversion of a barter economy to one that uses money increases efficiency by reducing the
cost of exchange.
(b)The conversion of a barter economy to one that uses money increases efficiency by reducing the
cost to those who wish to specialize.
(c)The conversion of a barter economy to one that uses money increases efficiency by reducing
transactions costs.
(d)All of the above are true.
(e)Only (a) and (c) of the above are true.
Answer:D
Question Status: Previous Edition
62 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
25)Which of the following are true statements?
(a)The conversion of a barter economy to one that uses money increases efficiency by increasing
the cost of exchange.
(b)The conversion of a barter economy to one that uses money increases efficiency by increasing
the cost to those who wish to specialize.
(c)The conversion of a barter economy to one that uses money increases efficiency by reducing
transactions costs.
(d)All of the above are true.
Answer:C
Question Status: Previous Edition
26)Which of the following are true statements?
(a)The conversion of a barter economy to one that uses money increases efficiency by increasing
the cost of exchange.
(b)The conversion of a barter economy to one that uses money increases efficiency by reducing the
cost to those who wish to specialize.
(c)The conversion of a barter economy to one that uses money does not increase economic
efficiency.
(d)All of the above are true.
Answer:B
Question Status: Previous Edition
27)When compared to exchange systems that rely on money, disadvantages of the barter system include:
(a)the requirement of a double coincidence of wants.
(b)increasing the cost of exchanging goods over time.
(c)raising the cost of exchange to those who would specialize.
(d)all of the above.
Answer:D
Question Status: Previous Edition
28)When compared to exchange systems that rely on money, disadvantages of the barter system include:
(a)the requirement of a double coincidence of wants.
(b)lowering the cost of exchanging goods over time.
(c)lowering the cost of exchange to those who would specialize.
(d)all of the above.
Answer:A
Question Status: Previous Edition
29)Because it is a medium of exchange, money
(a)eliminates the requirement for a double coincidence of wants.
(b)encourages specialization.
(c)reduces transaction costs.
(d)does all of the above.
(e)does only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
30)Because it is a medium of exchange, money
(a)encourages specialization and the division of labor.
(b)reduces transaction costs.
(c)is not allowed to earn interest.
(d)does all of the above.
(e)does only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
31)Because it is a medium of exchange, money
(a)discourages specialization and the division of labor.
(b)reduces transaction costs.
(c)is not allowed to earn interest.
(d)does only (b) and (c) of the above.
Answer:B
Question Status: Previous Edition
Chapter 3 What Is Money? 63
32)Because it is a medium of exchange, money
(a)does not earn interest.
(b)eliminates the requirement for a double coincidence of wants.
(c)must be currency.
(d)cannot be a durable asset.
Answer:B
Question Status: Previous Edition
33)When economists say that money promotes efficiency, they mean that money
(a)reduces transactions costs.
(b)encourages specialization and the division of labor.
(c)is inexpensive to produce.
(d)does both (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
34)When economists say that money promotes efficiency, they mean that money
(a)increases transactions costs.
(b)encourages specialization and the division of labor.
(c)is inexpensive to produce.
(d)does both (b) and (c) of the above.
Answer:B
Question Status: Previous Edition
35)Which of the following statements best explains how the use of money in an economy increases
economic efficiency?
(a)Money increases economic efficiency because it is costless to produce.
(b)Money increases economic efficiency because it encourages specialization.
(c)Money increases economic efficiency because it increases transactions costs.
(d)Money cannot have an effect on economic efficiency.
Answer:B
Question Status: Previous Edition
36)Which of the following are true statements?
(a)Money lowers the costs spent trying to exchange goods and services.
(b)Because money lowers transaction costs, it promotes economic efficiency.
(c)Income is a stock variable.
(d)All of the above are true.
(e)Only (a) and (b) of the above are true.
Answer:E
Question Status: Previous Edition
37)For a commodity to function effectively as money it must be
(a)easily standardized, making it easy to ascertain its value.
(b)widely accepted.
(c)divisible into relatively small units.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
38)For a commodity to function effectively as money it must be
(a)easily standardized, making it easy to ascertain its value.
(b)widely accepted.
(c)deteriorate quickly so that its supply does not become to large.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
64 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
39)If it is generally acceptable as a medium of exchange then it
(a)must be a commodity.
(b)must be a precious metal such as gold or silver.
(c)is money.
(d)all of the above.
Answer:C
Question Status: Previous Edition
40)All but the most primitive societies use money as a medium of exchange, implying that
(a)the use of money is economically efficient.
(b)barter exchange is economically inefficient.
(c)barter exchange cannot work outside the family.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
41)Whatever a society uses as money, the distinguishing characteristic is that
(a)it must be completely inflation proof.
(b)it must be generally acceptable as payment for goods and services or in the repayment of debt.
(c)it must contain gold.
(d)it must be produced by the government.
Answer:B
Question Status: Previous Edition
42)Although it can have a number of characteristics and serves more than one role, money must
(a)be backed in gold.
(b)have a nonmonetary value.
(c)be generally acceptable.
(d)be inexpensive to produce.
Answer:C
Question Status: Previous Edition
43)Although it can have a number of characteristics and serves more than one role, money must
(a)be inexpensive to produce.
(b)be generally acceptable.
(c)have a nonmonetary value.
(d)be both (a) and (b) of the above.
(e)be both (a) and (c) of the above.
Answer:B
Question Status: Previous Edition
44)The resources used finding buyers or sellers and negotiating price and other terms are called
(a)pecuniary costs.
(b)barter costs.
(c)transactions costs.
(d)information costs.
(e)enforcement costs.
Answer:C
Question Status: Study Guide
45)Although money facilitates exchange, exchange is still costly. The costs of exchange are called
(a)medium-of-exchange costs.
(b)transaction costs.
(c)liquidity costs.
(d)barter costs.
Answer:B
Question Status: Previous Edition
Chapter 3 What Is Money? 65
46)The time and resources spent trying to exchange goods and services are called
(a)bargaining costs.
(b)transaction costs.
(c)contracting costs.
(d)barter costs.
Answer:B
Question Status: Previous Edition
47)Economists say that money is productive because it reduces
(a)medium-of-exchange costs.
(b)transaction costs.
(c)liquidity costs.
(d)barter costs.
Answer:B
Question Status: Previous Edition
48)Compared to an economy that uses a medium of exchange, in a barter economy
(a)transaction costs are higher.
(b)transaction costs are lower.
(c)liquidity costs are higher.
(d)liquidity costs are lower.
Answer:A
Question Status: Previous Edition
49)Money reduces transactions costs, allowing people to specialize in what they do best. Money,
therefore, promotes
(a)greed and avarice.
(b)efficiency.
(c)the division of labor.
(d)only (a) and (b) of the above.
(e)only (b) and (c) of the above.
Answer:E
Question Status: Previous Edition
50)Money reduces transaction costs, allowing people to specialize in what they do best. Money,
therefore, promotes
(a)greed and avarice.
(b)inefficiency.
(c)the division of labor.
(d)competition.
Answer:C
Question Status: Previous Edition
51)Because money reduces transaction costs, it
(a)promotes efficiency.
(b)promotes the division of labor.
(c)favors production over exchange.
(d)does all of the above.
(e)does only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
52)Because money reduces transaction costs, it
(a)promotes inefficiency by encouraging too many exchanges.
(b)promotes the division of labor.
(c)favors productive activities over exchange activities.
(d)does only (b) and (c) of the above.
Answer:B
Question Status: Previous Edition
66 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
53)Money reduces transaction costs, allowing people to specialize in what they do best. Money,
therefore,
(a)encourages greed and avarice.
(b)improves economic efficiency.
(c)frustrates exchange.
(d)only (a) and (b) of the above.
(e)only (b) and (c) of the above.
Answer:B
Question Status: Previous Edition
54)Money reduces transaction costs, allowing people to specialize in what they do best. Money,
therefore,
(a)decreases specialization.
(b)improves economic efficiency.
(c)frustrates exchange.
(d)only (a) and (b) of the above.
Answer:B
Question Status: Previous Edition
55)Because money reduces transaction costs, it
(a)encourages greed and avarice.
(b)improves economic efficiency.
(c)encourages specialization and exchange.
(d)does only (a) and (b) of the above.
(e)does only (b) and (c) of the above.
Answer:E
Question Status: Previous Edition
56)One can be confident that money must promote efficiency because
(a)almost every society except the most primitive uses it.
(b)people generally prefer using it in exchanges.
(c)both (a) and (b) of the above.
(d)neither (a) nor (b) of the above.
Answer:C
Question Status: Previous Edition
57)When money prices are used to facilitate comparisons of value, money is said to function as a
(a)unit of account.
(b)medium of exchange.
(c)store of value.
(d)payments-system ruler.
Answer:A
Question Status: Previous Edition
58)Because it is a unit of account, money
(a)reduces transaction costs.
(b)reduces the number of prices that need to be calculated.
(c)does not earn interest.
(d)does all of the above.
(e)does only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
59)Because it is a unit of account, money
(a)increases transaction costs.
(b)reduces the number of prices that need to be calculated.
(c)does not earn interest.
(d)does all of the above.
Answer:B
Question Status: Previous Edition
Chapter 3 What Is Money? 67
60) A problem with barter exchange when there are many goods is that in a barter system
(a)transactions costs are minimized.
(b)there exists a multiple number of prices for each good.
(c)everyone is overspecialized.
(d)exchange of services is impossible.
(e)there is only one store of value.
Answer:B
Question Status: New
61)In a barter economy the number of prices in an economy with N goods is
(a)[N(N - 1)]/2.
(b)N(N/2).
(c)2N.
(d)N(N/2) - 1.
Answer:A
Question Status: Previous Edition
62)If there are five goods in a barter economy, one needs to know ten prices in order to exchange one
good for another. If, however, there are ten goods in a barter economy, then one needs to know
_____ prices in order to exchange one good for another.
(a)20
(b)25
(c)30
(d)45
Answer:D
Question Status: Previous Edition
63)If there are three goods in a barter economy, one needs to know three prices in order to exchange
one good for another. If, however, there are ten goods in a barter economy, then one needs to know _____ prices in order to exchange one good for another.
(a)10
(b)15
(c)30
(d)45
Answer:D
Question Status: Previous Edition
64)If there are five goods in a barter economy, one needs to know ten prices in order to exchange one
good for another. If, however, there are four goods in a barter economy, then one needs to know
_____ prices in order to exchange one good for another.
(a)4
(b)5
(c)6
(d)8
Answer:C
Question Status: Previous Edition
65)If there are four goods in a barter economy, then one needs to know _____ prices in order to
exchange one good for another.
(a)8
(b)6
(c)5
(d)4
Answer:B
Question Status: Previous Edition
68 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
66)If there are five goods in a barter economy, one needs to know ten prices in order to exchange one
good for another. If, however, there are six goods in a barter economy, then one needs to know
_____ prices in order to exchange one good for another.
(a)6
(b)9
(c)12
(d)15
Answer:D
Question Status: Previous Edition
67)If there are three goods in a barter economy, one needs to know three prices in order to exchange
one good for another. If, however, there are six goods in a barter economy, then one needs to know _____ prices in order to exchange one good for another.
(a)15
(b)12
(c)9
(d)6
Answer:A
Question Status: Previous Edition
68)If there are four goods in a barter economy, one needs to know six prices in order to exchange one
good for another. If, however, there are five goods in a barter economy, then one needs to know _____ prices in order to exchange one good for another.
(a)8
(b)9
(c)10
(d)12
Answer:C
Question Status: Previous Edition
69)If there are three goods in a barter economy, one needs to know three prices in order to exchange
one good for another. If, however, there are five goods in a barter economy, then one needs to know _____ prices in order to exchange one good for another.
(a)5
(b)6
(c)8
(d)10
Answer:D
Question Status: Previous Edition
70)Which of the following assets can serve as a store of value?
(a)Money
(b)Stocks and bonds
(c)Houses
(d)All of the above
Answer:D
Question Status: Previous Edition
71)Because it is a store of value, money
(a)does not earn interest.
(b)cannot be a durable asset.
(c)must be currency.
(d)is none of the above.
Answer:D
Question Status: Previous Edition
Chapter 3 What Is Money? 69
72)Although not a unique store of value, people find money a convenient store of value because
(a)it does not decline in value when prices rise.
(b)its value remains fixed to the price level; that is, if prices double so does the value of money.
(c)it is the most liquid asset.
(d)of all of the above.
(e)of none of the above.
Answer:C
Question Status: Previous Edition
73)Increasing transactions costs of selling an asset make the asset
(a)more valuable.
(b)more liquid.
(c)less liquid.
(d)more moneylike.
(e)more fungible.
Answer:C
Question Status: Study Guide
74)Of the following assets, the most liquid is
(a)savings bonds.
(b)corporate Bonds.
(c)stocks.
(d)traveler’s checks.
(e)certificates of deposit.
Answer:D
Question Status: New
75)Of the following assets, the least liquid is
(a)currency.
(b)traveler’s checks.
(c)checking deposits.
(d)a house.
(e)stocks.
Answer:D
Question Status: New
76)Ranking assets from most liquid to least liquid, the correct order is
(a)savings bonds; house; currency.
(b)currency; savings bonds; house.
(c)currency; house; savings bonds.
(d)house; savings bonds; currency.
(e)house; currency; savings bonds.
Answer:B
Question Status: New
77)Ranking assets from most liquid to least liquid, the correct order is
(a)savings deposits; corporate bond; swimming pool.
(b)swimming pool; savings deposits; corporate bond.
(c)corporate bond; savings deposits; swimming pool.
(d)swimming pool; corporate bonds; savings deposits.
(e)savings deposits; swimming pool; corporate bonds.
Answer:A
Question Status: New
70 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
78)Assets such as bonds, common stock, art, land, furniture, cars, or houses function as stores of
value, but
(a)are not generally accepted in the payment for goods and services.
(b)do not generate flows of income for their owners.
(c)are not considered as wealth.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:A
Question Status: Previous Edition
79)Checkable deposits are money because
(a)federal regulations mandate that they be so considered.
(b)they serve the functions of money.
(c)only banks, and not savings and loan associations, can issue checkable deposits.
(d)of both (a) and (b) of the above.
(e)of both (a) and (c) of the above.
Answer:B
Question Status: Previous Edition
80)People hold money even during inflationary episodes when other assets prove to be better stores of
value. This can be explained by the fact that money is
(a)extremely liquid.
(b)a unique good for which there are no substitutes.
(c)the only thing accepted in economic exchange.
(d)all of the above.
Answer:A
Question Status: Previous Edition
81)If the price level doubles, the value of money
(a)doubles.
(b)more than doubles, due to scale economies.
(c)rises but does not double, due to diminishing returns.
(d)falls by 50 percent.
Answer:D
Question Status: Previous Edition
82)If the level of prices falls by 50 percent, the value of money
(a)falls by 50%.
(b)falls by 100%.
(c)remains unchanged.
(d)rises by 50%.
(e)doubles.
Answer:E
Question Status: New
83) A fall in the level of prices
(a)does not affect the value of money.
(b)has an uncertain effect on the value of money.
(c)increases the value of money.
(d)reduces the value of money.
(e)is impossible.
Answer:C
Question Status: New
84)During hyperinflations,
(a)the value of money rises rapidly.
(b)money no longer functions as a good store of value and people may resort to barter transactions
on a much larger scale.
(c)middle-class savers benefit as prices rise.
(d)all of the above occur.
Answer:B
Question Status: Previous Edition
Chapter 3 What Is Money? 71
85)During hyperinflations,
(a)the value of money falls rapidly.
(b)money no longer functions as a good store of value and the volume of barter transactions
increases.
(c)debtors benefit as the real value of their debt falls.
(d)all of the above occur.
Answer:D
Question Status: Previous Edition
86)During periods of rapidly rising prices
(a)money fails to serve as a good store of value.
(b)money fails to serve as a unit of account.
(c)money fails to serve as a medium of exchange.
(d)money fails to serve as a standard of value.
Answer:A
Question Status: Previous Edition
87)If one observes a decline in the use of money to carry out transactions and an increase in barter
exchanges, then one can probably infer that
(a)inflation has accelerated into hyperinflation.
(b)money no longer serves as a store of value.
(c)the use of money no longer significantly reduces transaction costs.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
88)When prices in a particular country rise extremely rapidly, the country suffers
(a)deflation.
(b)disinflation.
(c)hyperinflation.
(d)all of the above.
Answer:C
Question Status: Previous Edition
89)Because inflation in Nicaragua in 1990 topped 13,000 percent, one can conclude that the Nicaraguan
economy suffered from
(a)deflation.
(b)disinflation.
(c)hyperinflation.
(d)superdeflation.
Answer:C
Question Status: Previous Edition
90)If merchants in the country Zed choose to close their doors, preferring to be stuck with rotting
merchandise rather than worthless currency, then one can conclude that Zed is experiencing a
(a)superdeflation.
(b)hyperdeflation.
(c)disinflation.
(d)hyperinflation.
Answer:D
Question Status: Previous Edition
91)If currency in the country of Zed is seen as worthless by its citizens, then Zed is probably
experiencing a
(a)superdeflation.
(b)hyperdeflation.
(c)disinflation.
(d)hyperinflation.
Answer:D
Question Status: Previous Edition
72 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
92)If merchants in the country Zed choose to close their doors, preferring to be stuck with rotting
merchandise rather than worthless currency, then one can conclude that money in Zed is
(a)a poor store of value.
(b)scarce relative to goods.
(c)being heavily counterfeited.
(d)all of the above.
(e)none of the above.
Answer:A
Question Status: Previous Edition
93)Compared to checks, paper currency and coins have the major drawbacks that they
(a)are easily stolen.
(b)can be quite expensive to transport because of their bulk.
(c)are not the most liquid assets.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
94)As a payments system evolves from barter to a monetary system, paper currency will replace
commodity money when
(a)trade expands over a larger region, increasing significantly the transportation costs of
commodity money.
(b)printing reaches a sufficiently advanced stage that counterfeiting becomes extremely difficult.
(c)large purchases, such as automobiles and houses, become more prevalent.
(d)all of the above occur.
(e)only (a) and (b) of the above occur.
Answer:D
Question Status: Previous Edition
95)As the payments system evolves from barter to a monetary system,
(a)commodity money is likely to precede the use of paper currency.
(b)transaction costs decline.
(c)the number of prices that need to be calculated increase rather dramatically.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
96)As the payments system evolves from barter to a monetary system,
(a)commodity money is likely to precede the use of paper currency.
(b)transactions costs decline.
(c)the number of prices that need to be calculated decrease.
(d)all of the above.
(e)only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
97)The evolution of the payments system from barter to precious metals, then to fiat money, then to
checks can best be understood as a consequence of
(a)government regulations designed to improve the efficiency of the payments system.
(b)government regulations designed to promote the safety of the payments system.
(c)innovations that reduced the costs of exchanging goods and services.
(d)all of the above.
(e)only (a) and (c) of the above.
Answer:C
Question Status: Previous Edition
Chapter 3 What Is Money? 73 98)The evolution of the payments system from barter to precious metals, then to fiat money, then to
checks can best be understood as a consequence of
(a)government regulations designed to improve the efficiency of the payments system.
(b)competition among firms to make it easier for customers to purchase their products.
(c)innovations that reduced the costs of exchanging goods and services.
(d)all of the above.
(e)only (b) and (c) of the above.
Answer:C
Question Status: Previous Edition
99)The evolution of the payments system from barter to precious metals, then to fiat money, then to
checks can best be understood as a consequence of
(a)innovations that allowed individuals to escape oppressive taxes.
(b)the fact that precious metals were not generally acceptable.
(c)the fact that precious metals were difficult to carry and transport.
(d)the fact that paper money is less accepted than checks.
(e)the fact that paper more costly to produce than precious metals.
Answer:C
Question Status: Study Guide
100)Which of the following are true about the evolution of the payments system?
(a)The evolution of the payments system from barter to precious metals, then to fiat money, then to
checks can best be understood as a consequence of innovations that reduced the costs of
exchanging goods and services.
(b)Precious metals had the advantage of being widely accepted, being divisible into relatively small
units, and being durable, but had the disadvantage of being difficult to carry and transport from
one place to another.
(c)Fiat money, paper money that the government makes legal tender, has the advantage of being
lighter than coins, yet it can still be costly to transport because of its bulk.
(d)All of the above are true.
Answer:D
Question Status: Previous Edition
101)Which of the following sequences accurately describes the evolution of the payments system?
(a)Barter, coins made of precious metals, paper currency, checks, electronic funds transfers.
(b)Barter, coins made of precious metals, checks, paper currency, electronic funds transfers.
(c)Barter, checks, paper currency, coins made of precious metals, electronic funds transfers.
(d)Barter, checks, paper currency, electronic funds transfers.
Answer:A
Question Status: Previous Edition
102)In explaining the evolution of money
(a)government regulation is the most important factor.
(b)commodity money, because it is valued more highly, tends to drive out paper money.
(c)new forms of money evolve to lower transaction costs.
(d)all of the above are true.
Answer:C
Question Status: Revised
103)Even with the spread of electronic funds transfer systems (EFTS) to more users, checks are not likely to be eliminated soon because
(a)people want paper receipts.
(b)checks reduce the incidence of fraud.
(c)banks are unlikely to install the necessary electronic facilities.
(d)of all of the above.
(e)of both (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
74 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
104)During the past two decades an important characteristic of the modern payments system has been the rapidly increasing use of
(a)checks and decreasing use of currency.
(b)electronic fund transfers.
(c)commodity monies.
(d)all of the above.
Answer:B
Question Status: Previous Edition
105)Compared to a payment system based on checks, an EFTS system has the advantage that
(a)transfers of funds are less costly.
(b)transfers of funds are completed instantaneously.
(c)legal liability is more clearly defined.
(d)only (a) and (b) of the above.
Answer:D
Question Status: Previous Edition
106)Compared to an EFTS system, a payments system based on checks has the major drawback that
(a)checks are more costly to process.
(b)checks take longer to process, meaning that it may take several days before the depositor can get
her cash.
(c)fraud may be more difficult to commit when paper receipts are eliminated.
(d)all of the above.
(e)both (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
107) A payments system based primarily on checks has the following disadvantages:
(a)Checks are costly to process.
(b)Checks are costly to transport.
(c)Checks take time to move through the check-clearing system.
(d)All of the above.
(e)Only (a) and (b) of the above.
Answer:D
Question Status: Study Guide
108) A smart card is the equivalent of
(a)cash.
(b)checks.
(c)savings deposits.
(d)certificates of deposit.
(e)savings bonds.
Answer:A
Question Status: New
109)Which of the following forms of electronic money is a substitute for cash?
(a)a debit card
(b)a stored-value card
(c)a smart card
(d)all of the above
(e)only (b) and (c) of the above
Answer:D
Question Status: New
110)Which of the following forms of electronic money is not a substitute for cash?
(a)a debit card
(b)a credit card
(c)a stored-value card
(d)a smart card
(e)all of the above
Answer:B
Question Status: New
Chapter 3 What Is Money? 75 111)As part of the December 1991 Maastrict Treaty of European Union, the exchange rates of countries
entering the monetary union, starting January 1, 1999, were
(a)fixed permanently to the euro.
(b)allowed to float for the next six months before being fixed permanently to the euro.
(c)allowed to float for the next year before being fixed permanently to the euro.
(d)allowed to float permanently against the euro.
Answer:A
Question Status: Revised
112)Advocates of the European monetary union point to the advantages that a single currency has in
(a)eliminating the transaction costs involved in having to exchange the currency of one country for
the currency of another.
(b)delaying the economic integration of European countries.
(c)allowing member countries to repudiate their government debts.
(d)doing all of the above.
Answer:A
Question Status: Previous Edition
113)Advocates of monetary union claim that the adoption of a common currency by Germany in 1990 had the advantages of
(a)eliminating the transaction costs of exchanging the currencies of East and West Germany.
(b)hastening the economic integration of the two countries.
(c)making East Germany’s good cheaper for West German citizens.
(d)all of the above.
(e)both (a) and (b) of the above.
Answer:E
Question Status: Previous Edition
114)Advocates of monetary union claim that the adoption of a common currency by Germany in 1990 had the advantages of
(a)eliminating the transaction costs of exchanging the currencies of East and West Germany.
(b)slowing the economic integration of the two countries, thereby allowing East German citizens
time to adjust to capitalism.
(c)making East G ermany’s good cheaper for West German citizens.
(d)all of the above.
(e)both (a) and (b) of the above.
Answer:A
Question Status: Previous Edition
115)Recent financial innovation makes the Federal Reserve’s job of conducting monetary policy
(a)easier, since the Fed now knows what to consider money.
(b)more difficult, since the Fed now knows what to consider money.
(c)easier, since the Fed no longer knows what to consider money.
(d)more difficult, since the Fed no longer knows what to consider money.
Answer:D
Question Status: Previous Edition
116)Defining money becomes _______ difficult as the pace of financial innovation ________.
(a)less; quickens
(b)more; quickens
(c)more; slows
(d)more; stops
(e)none of the above
Answer:B
Question Status: Study Guide
117)The narrowest measure of money that the Fed reports is
(a)M0.
(b)M1.
(c)M2.
(d)M3.
Answer:B
Question Status: Previous Edition
76 Frederic S. Mishkin ?Economics of Money, Banking, and Financial Markets, Seventh Edition
118)Today, most money in the United States is in the form of
(a)currency.
(b)currency and coins.
(c)checkable deposits.
(d)savings bonds.
Answer:C
Question Status: Previous Edition
119)Which of the following is not included in the measure of M1?
(a)NOW accounts
(b)Demand deposits
(c)Currency
(d)Repurchase agreements
Answer:D
Question Status: Previous Edition
120)Which of the following is not included in the measure of M1?
(a)Traveler’s checks
(b)Demand deposits
(c)Currency
(d)Gold coins issued by the U.S. Treasury
Answer:D
Question Status: Previous Edition
121)The components of the U.S. M1 money supply are demand and checkable deposits plus
(a)currency.
(b)currency plus savings deposits.
(c)currency plus travelers checks.
(d)currency plus travelers checks plus money market deposits.
Answer:C
Question Status: Previous Edition
122)The M1 measure of money includes
(a)small denomination time deposits.
(b)money market deposit accounts.
(c)money market mutual fund shares.
(d)demand deposits.
Answer:D
Question Status: Previous Edition
123)The M1 measure of money includes
(a)small denomination time deposits.
(b)savings deposits.
(c)money market deposit accounts.
(d)money market mutual fund shares.
(e)traveler’s checks.
Answer:E
Question Status: Previous Edition
124)The M1 measure of money includes
(a)small denomination time deposits.
(b)savings deposits.
(c)money market deposit accounts.
(d)money market mutual fund shares.
(e)currency.
Answer:E
Question Status: Previous Edition
Chapter 3 What Is Money? 77
125)Which of the following is not included in the monetary aggregate M2?
(a)Currency
(b)Money market deposit accounts
(c)Travele r’s checks
(d)Checking deposits
(e)Savings bonds
Answer:E
Question Status: Study Guide
126)Which of the following is included in M2 but not in M1?
(a)NOW accounts
(b)Demand deposits
(c)Currency
(d)Money market mutual fund shares (noninstitutional)
(e)Gold coins issued by the U.S. Treasury
Answer:D
Question Status: Previous Edition
127)Which of the following is included in M2 but not in M1?
(a)NOW accounts
(b)Money market deposit accounts
(c)Demand deposits
(d)Traveler’s checks
Answer:B
Question Status: Revised
128)Which of the following is included in the M1 measure of money but is not included in the M2 measure of money?
(a)Currency
(b)Checkable deposits
(c)Traveler’s checks
(d)All of the above
(e)None of the above
Answer:E
Question Status: Previous Edition
129)Which of the following is not included in the M2 measure of money but is included in the M1 measure of money?
(a)Currency
(b)Demand deposits
(c)Traveler’s checks
(d)Other checkable deposits
(e)None of the above
Answer:E
Question Status: Previous Edition
130)Which of the following is not included in the M2 measure of money but is included in the M1 measure of money?
(a)Small denomination time deposits
(b)Savings deposits
(c)Checkable deposits
(d)All of the above
(e)None of the above
Answer:E
Question Status: Previous Edition
货币银行学(三) 一. 单选题:（每小题2分，共40分） 1.“金银天然不是货币,货币天然是金银”是指 ( )。 A. 货币就是金银 B. 金银就是货币 C. 金银天然地适宜于充当货币 D. 金银不是货币 2. 货币在发挥 ( ) 职能时,可以用观念上的货币。 A. 价值尺度 B. 流通手段 C. 贮藏手段 D. 支付手段 3. 在以下几种货币制度中,相对稳定的货币制度是 ( )。 A. 银本位 B. 金银复本位 C. 金本位 D. 金块本位 4. 信用的最初形式是 ( )。 A. 高利贷信用 B. 国家信用 C. 商业信用 D. 银行信用 5. 在各种信用形式中,处于主导地位的信用是 ( )。 A. 商业信用 B. 银行信用 C. 国家信用 D. 消费信用 6. 在利率体系中,发挥指导性作用的利率是 ( )。 A. 实际利率 B. 市场利率 C. 一般利率 D. 官定利率 7. 在物价下跌的条件下,要保持实际利率不变,应把名义利率 ( )。 A. 保持不变 B. 与实际利率对应 C. 调高 D. 调低 8. 一笔贷款1年的利息收益是50元,而市场平均利率为5%时,那么本金应为 ( )元。 A. 1005 B. 1050 C. 1000 D. 900 9. ( )是利率市场化的基础,它有利于形成市场化的利率信号。 A. 一级市场 B. 二级市场 C. 资本市场 D. 货币市场 10. 以下 ( ) 不属于金融市场的功能。 A. 价格发现 B. 提高流动性 C. 资源配置 D. 降低系统风险 11. 社会公众可以自由参与的金融市场是 ( )。 A. 外汇市场 B. 证券市场 C. 同业拆借市场 D. 票据贴现市场 12. 二级市场是有价证券在 ( ) 之间流通的市场。 A. 发行人与投资者 B. 投资者 C. 发行人与发行中介 D. 证券商 13. 下列是无风险资产的是 ( )。 A. 股票 B. 债券 C. 国债 D. 房地产 14. 如果投资者是风险规避者,得到的投资无差别曲线是 ( )。 A. 负斜率,下凸 B. 负斜率,上凸 C. 正斜率,上凹 D. 正斜率,下凹 15. 最基本,最能表现商业银行经营特征的职能是 ( )。 A. 信用中介 B. 支付中介 C. 把货币转化为资本 D. 创造信用流通工具 16. 下列银行资产中流动性最高而收益性最低的是 ( )。 A. 票据贴现 B. 短期证券 C. 现金 D. 活期贷款 17. 全能型商业银行起源于 ( )。 A. 英国 B. 美国 C.德国 D. 法国 18. 中央银行组织全国的清算职能属于中央银行的 ( )。 A.资产业务 B. 负债业务 C. 中间业务 D. 公开业务
《货币银行学》模拟试题（一） 一、填空题（每空1分，共10分） 1、双本位制下，金币和银币是按照____________________________ 比价流通的。 2、在不兑现货币流通时期，确定单位货币价值就是确定本币单位的____________ ，或确定与关键货币的固定比价。 3、按照凯恩斯货币需求理论的观点，交易动机和预防动机的货币需求主要取决于__________ 的大小而与利率无关。 4、按照部门差异型通胀的解释，由于生产部门与服务部门__________________________ 在劳动生产率等方面存在差异，而两大部门的_______________________________ 趋于一致，最终导致一般物价水平上涨。 5、____________________________________是中央银行发挥职能作用的基础。 6、理论上讲，利息率的上限是__________________________________________ 。 7、证券流通市场一般分为____________________________________ 和场外市场。 8、我国的金融体系是以___________________ 为核心，商业银行和政策性银行为主体，其他各类金融机构并存的架构。 9、在直接融资中，资金供求双方是通过买卖___________________________ 来实现融资的目 的。 10、从货币供给机制过程看，中央银行供给__________________________ ，商业银行创造存 款货币。 二、单项选择题（10 X1分=10分，将正确答案的代号填入表中相应的题号中） 1、我国目前的银行同业拆借利率属于（） A、官定利率； B、市场利率； C、公定利率； D、实际利率。 2、商业票据的债权人为转让票据而在上所作的签字被称为（） A、承兑 B、贴现 C、担保 D、背书 3、本位货币是（） A、被规定为标准的、基本通货的货币 B、本国货币当局发行的货币
16. 17. 1. 执行价值单方向转移的货币职能是（） A. 价值尺度 B. 流通手段 C. 支付手段 D. 贮藏手段 2. 租赁设备由承租人维修保养的是（） A. 经营租赁 B. 古代租赁 C. 传统租赁 D. 金融租赁 3. 1998 年我国取消贷款规模管理后， 货币政策中介目标主要是（） A. 利率 B. 同业拆借利率 C. 货币供应量 D. 存款准备金率 4. “扬基债券 ”的面值货币是（） A. 日元 B. 美元 C. 英镑 D. 法郎 5. 凯恩斯认为交易性需求是收入的（） A. 平减指数 B. 非平减指数 C . 递减函 D. 递增函数 6. 中国历史上第一家新式银行是（） A. 丽如银行 B. 法兰西银行 C. 中国通商银行 D. 交通银行 7. 不属于国家开发银行业务范围的是（ ） A. 发放重点项目政策性贷款 B. 办理向重点项目贷款贴息 C. 发行金融债券 D. 办理粮棉油储备贷款 8. 保险合同终止一般是由于（） 、单项选择题 保险期限届满 C. 保险人履约赔付 A. 保险标的灭失 B. 9. 现金交易方程式可表示为 D. 保险公司破产 ) =KR/M C. Md = kPY D. M1 A. MV = PT B. P 10. 在证券交易所专门从事不足一个成交单位股票买卖的证券商是（） A. 零股经纪商 B. 佣金经纪商 C. 二元经纪商 11. 以下不属于证券交易所特点的是 A. 有形市场 + M2= L1(y) + L2(r) D. 自营经纪商 B. C. 协商议价原则 D. 12. 国际货币基金组织贷款均按照（ A. 美元计值 B. 英镑计值 ） 具有投机性 投资人须经过交易所成员从事交易 ） C. 特别提款权计值 D. 贷款对象的货币计值 13. 某企业持有 3 个月后到期的一年期汇票，面额为 2000 元，银行确定该票据的贴现率为 5%，则贴 现金额是 （ ） A. 1975 元 B. 1950 元 C. 25 元 D. 50 元 在现实经济生活中，无论是存款货币还是现金货币的提供，均源于银行的（） 存款业务 B. 贷款业务 C. 中间业务 D. 表外业务 商业银行最主要的资金来源是（） 资本金 B. 中央银行借款 C. 发行金融债券 D. 存款负债 国际收支平衡表上的长期资本项目不包括（） 直接投资 B. 国际金融机构贷款 各国银行间的资金拆放 D. 政府贷款 国际货币基金组织和世界银行集团成立于（） 14. A. 15. A. A. C. A. 1942 年 B. 1945 年 C. 1946 年 D. 1960 年 18. 按保险对象的不同，可将保险分为（）
第二章货币与货币制度 一、填空 1、从货币本质出发，货币是固定充当（一般等价物）的特殊商品；从价值规律的角度看，货币是核算（一般等价物）的工具。 2、古今中外很多思想家和经济学家都看到了货币的起源与（交换发展）的联系。 3、银行券是随着（资本主义银行）的发展而出现的一种用纸印制的货币。 4、铸币的发展有一个从足值到（不足值）铸币的过程。 5、用纸印制的货币产生于货币的（流通手段）职能。 6、价格是（价值）的货币表现。 7、存储于银行电子计算机系统内可利用银行卡随时提取现金或支付的存款货币称为（电子货币）。 8、货币在商品交换中起媒介作用时发挥的是（流通手段）职能。 9、在金属货币流通条件下货币贮藏具有（自发调节货币数量）的作用。 10、一国流通中标准的基本通货是（本位币）。 11、没有商品（劳务）在同时、同地与之作相向运动是货币发挥（支付手段）职能的特征。 12、至今为止历史上最理想的货币制度通常被认为是（金铸币本位制）。 13、我国的人民币是从（1948年12月1日）开始发行的。 14、人民币采取的是（不兑现）银行券的形式。 15、欧元的出现对（国家货币主权）提出了挑战。 二、单项选择题： 1、与货币的出现紧密相联的是（交换产生与发展） 2、商品价值形式最终演变的结果是（货币价值形式）
3、中国最早的铸币金属是（铜） 4、在下列货币制度中劣币驱逐良币律出现在（金银复本位制） 5、中华人民共和国货币制度建立于（1948年） 6、欧洲货币同盟开始使用“欧元EURO”于（1999年） 7、金银复本位制的不稳定性源于（金银同为本位币） 8、中国本位币的最小规格是（1元） 9、金属货币制度下的蓄水池功能源于（金属货币的自由铸造和熔化） 10、单纯地从物价和货币购买力的关系看，物价指数上升25%，则货币购买力 （下降20%） 11、在国家财政和银行信用中发挥作用的主要货币职能是（支付手段） 12、下列货币制度中最稳定的是（金铸币本位制） 13、马克思的货币本质观的建立基础是（劳动价值说） 14、对商品价格的理解正确的是（商品价值的货币表现） 15、货币的本质特征是充当（一般等价物） 二、多项选择题 1、一般而言，要求作为货币的商品具有如下特征（） A、价值比较高 B、金属的一种 C、易于分割 D、易于保存 E、便于携带 答案：ACDE 2、中国最古老的铜铸币的三种形制是（） A、五铢 B、布 C、刀 D、元宝 E、铜贝 答案：BCE 3、信用货币包括（）
《货币银行学》期末试题及答案 《货币银行学》期末试题及参考答案1、科学的货币本质观是(C ) A、货币金属说 B、货币名目说 C、马克思的劳动价值说 D、国家的发明创造 2、(A )是国际收支平衡表中最基本的项目。 A、经常项目 B、资本项目 C、平衡项目 D、错误与遗漏 3、下列利率决定理论中，哪一理论强调投资与储蓄对利率的决定作用( C ) A、马克思的利率论 B、流动偏好论 C、可贷资金论 D、实际利率论 4、在我国，收入变动与货币需求量变动之间的关系是( A )。 A、同方向 B、反方向 C、无任何直接关系 D、A与B都可能
5、商业银行与其他金融机构区别之一在于其能接受( C )。 A、原始存款 B、定期存款 C、活期存款 D、储蓄存款 6、货币政策诸目标之间呈一致性关系的是( B )。 A、物价稳定与经济增长 B、经济增长与充分就业 C充分就业与国际收支平衡 D、物价稳定与充分就业 7、信用是( D )。 A、买卖关系 B、赠予行为 C、救济行为 D、各种借贷关系的总和 8.下列变量中( C )是个典型的外生变量。 A、价格 B、利率 C、税率 D、汇率 9、“金融二论”重点探讨了( D )之间的相互作用问题。 A、经济部门 B、金融部门 C、经济与国家发展 D、金融与经济发展 10、《巴塞尔协议》中为了清除银行间不合理竞争，促进国际银行体系的健康发展，规定银行的资本充足率应达到( B )。 A、5% B、8% C、4% D、10% 11、发行价格低于金融工具的票面金额称作(C)。 A、溢价 B、平价 C、折价 D、竞价 12、商品的价格( A )。 A、是商品与货币价值的比率 B、同商品价值成反比 C、
货币银行学试题（A卷） 武汉大学20××----20××学年第××学期期末考试 经济与管理学院20××年级××专业 《货币银行学》试题（A卷） 任课老师：审核人： 一、单项选择题（每小题1分，共20分） 1. 价值尺度与价格标准的区别在于（） A、内在与外在 B、目的与手段 C、自发与人为规定 D、变化不一样 2. 下列说法哪项不属于信用货币的特征（） A、可代替金属货币 B、是一种信用凭证 C、依靠银行信用和政府信用而流通 D、是足值的货币。 3. 下列有关币制说法正确的是（） A、平行本位制下会产生“劣币驱逐良币”的现象 B、双本位制下容易出现“双重价格”的现象 C、金银复本位制是一种不稳定的货币制度 D、双本位制下金币作为主币，银币为辅币 4. 我国的货币层次划分中一般将现金划入（）层次： A、M0 B、M1 C、M2 D、M3 5. 单一中央银行制主要特点是（）。 A、分支机构多 B、分支机构少 C、国家只设一家中央银行 D、权力相对分散 6. 在职能分工型的经营模式下，与其它金融机构相比，只有（）能够吸收使用支票的活期存款。 A、储蓄银行 B、商人银行 C、商业银行 D、信用合作社 7. 目前，西方各国运用得比较多而且十分灵活有效的货币政策工具为（）。 A、法定存款准备金 B、再贴现政策 C、公开市场业务 D、窗口指导 8. 中央银行降低法定存款准备金率时，则商业银行（）。 A、可贷资金量减少 B、可贷资金量增加 C、可贷资金量不受影响 D、可贷资金量不确定 9. ( ) 是中国自办的第一家银行，它的成立标志着中国现代银行事业的创始。 A、中国通商银行 B、中国交通银行 C、户部银行 D、中国实业银行 10. 不是通过直接影响基础货币变动实现调控的货币政策工具是（）。 A、法定存款准备金政策 B、公开市场业务 C、再贴现政策 D、都不是 11. 中央银行的业务对象是（）。 A、工商企业 B、城乡居民 C、政府 D、金融机构 12. 信用合作社属于（）。 A.存款型金融机构 B.契约型金融机构 C.投资型金融机构 D.政策型金融机构 13. 下列属于一般性货币政策工具的有（）。
《货币银行学》试题及答案 《货币银行学》试题及答案(一) 1 信用是在私有制的基础上产生的。√ 2 商业银行经营方针中安全性与盈利性是统一的。× 3 中国人民银行在1984年之后是复合式中央银行。× 4 国际收支是存量概念，货币供应量是流量概念。× 5 当法定存款准备金率降低时，存款货币的派生将扩张。√ 6 自1984年至1995年《中华人民共和国中国人民银行法》颁布之前，我国事实上一直奉行双重货币政策目标，即(稳定物价，经济增长)。 7 决定债券收益率的因素主要有(期限、利率、购买价格) 8 货币制度的基本类型有(复本位，银本位，不兑现的信用货币，金本位)。 9 《国务院关于金融体制改革的决定》明确指出，我国今后货币政策的中介指标有(信用总量、货币供应量，同业拆借利率，银行备付金率) 10 国际货币基金组织会员国的国际储备，一般可分为(外汇、黄金、特别提款权，在IMF的储备头寸)。
11 关于会计主体和法律主体的区别，描述正确的是(只要是一个法律主体，无论其规模多大----------)。 12 业务收支以外币为主的企业，其记账本位币应为(两种方式均可)。 13 关于真实性原则的含义，下列不正确的是(在必要的情况下，真实性原则并非不可违背)。 14 会计核算所要反映和提供的会计信息必须有助于会计信息使用者正确地做出经济决策，即会计信息必须满足宏观经济管理的需要，满足各有关方面了解企业财务状况和经营成果的需要，满足加强内部经营管理的需要，这是(相关性原则)的要求。 15 在会计核算中，一个会计期间内的各项收入与其相关联的成本费用应当在同一会计期间内进行确认、计量，是(配比性原则)的要求。 16 按照历史成本原则，企业对资产、负债等项目的计量应当基于经济业务的(实行交易价格)。 17 谨慎性原则要求(意味着企业可以设置秘密准备)。 18 关于重要性原则，理解正确的是(可以不用全面反映，充分披露重要的事项即可)。 19 下列哪个不属于会计要素(成本)。 20 下列对于收入的描述错误的是(营业外收入不包括在收入要素中)。
首都经济贸易大学同等学力申请硕士学位产业经济学等专业 《货币银行学》试题A卷 考试时间：120 分钟试卷总分：100 分 一、名词解释（每题4分，共20分） 1.流动性偏好 答：由于货币具有使用上的灵活性，人们宁肯以牺牲利息收入而储存不生息的货币来保持财富的心理倾向。 2.名义利率与实际利率 答：名义利率是借款契约和有价证券上载明的利息率也就是金融市场上的市场利率。它包含了物价变动的预期和货币增贬值的影响。而实际利率则是指名义利率剔除了物价变动因素之后的利率，是债务人使用资金的真实成本。名义利率和实际利率的关系为：实际利率=名义利率－通货膨胀率。 3.衍生金融工具 答：衍生金融工具是一种金融合约，它的价值取决与作为合约标的物的原生金融工具或指数的变动状况。目前，最基本的衍生金融工具主要有：远期、期货、期权和互换。 4.货币市场 答：所谓货币市场，是指一年或一年以下短期资金融通的市场，包括同业拆借市场、银行间债券市场、大额定期存单市场、商业票据市场等子市场。这一市场的金融工具期限一般都很短，近似于货币，因此称为“货币”市场。货币市场是金融机构调节资金流动性的重要场所，是中央银行货币政策操作的基础。 5.结构型通货膨胀 答：是指生产结构的变化导致总供求失衡或者导致部分供求失衡而引发的通货膨胀。由于结构失衡而引发的通货膨胀，其传导机制是：价格刚性机制和价格攀比机制。 二、简答题（每题8分，共40分） 1.简要比较费雪方程与剑桥方程。 答：比较费雪方程式与剑桥方程式，前者为MV=PY，其中，M为货币数量，V 为货币流通速度，P为价格水平，Y为产出；后者为Md=kPY，这里，PY是名义收入，它可以体现在多种资产形式上，货币只是其中的一种，因此，货币需求是名义收入的一个比率为k的部分，k的大小则取决于持有货币的机会成本，或者说取决于其他类型金融资产的预期收益率 从形式上看，剑桥方程与费雪方程似乎没有区别，实际上，两个方程式存在显著的差异。主要有以下几点：⑴分析的侧重点不同。费雪方程式从货币的交易媒介功能着手，而剑桥方程式则从货币的价值储藏手段功能着手，从个人资产选择的角度进行分析。⑵费雪方程式把货币需求与支出流量联系在一起，重视货币支出的数量和速度，而剑桥方程式则从用货币形式保有资产存量的角度考虑货币需
《货币银行学》试题及答案 第十二章货币政策 第一部分填空题 １、货币政策理论主要研究以下几个问题：一是，二是， 三是，四是。 ２、西方发达国家的货币政策有四大目标：、、 和。 ３在现实生活中，除了非自愿性失业外，还有两种失业是不可避免的：一种是，另一种是。 ４、国际收支平衡有和两个概念。 ５、用于反映通货膨胀率与失业率之间此增彼减的交替关系的曲线是。 ６、协调货币政策目标之间矛盾的方法最主要有以下三种：、 和。 ７、1995年我国以法律形式确定我国中央银行的最终目标是 。 ８、保持币值稳定实际有两层含义：一是，二是。 ９、一般性货币政策工具包括以下三种：一是，二是，三是。１０、是一种威力巨大而不常使用的一般性货币政策工具。 １１、一般性货币政策工具中，最灵活的、最常用的货币政策工具是 。 １２、中央银行选择货币政策中介目标的主要标准有以下三个：、 和。 １３、所谓“货币政策的中介目标”，实际上是指那些介于和 之间的变量。 １４、间接信用控制的货币政策工具有和。 １５、以利率作为传导机制的货币政策传导机制理论是学派的观点。 １６、学派的货币政策传导机制理论被认为货币供应量通过“黑匣子”操作的。 １７、根据凯恩斯学派货币政策理论，当一国经济出现时，货币供应量的增加就不能使利率下降，于是货币政策无效。 １８、根据蒙代尔的政策配合说，主要解决国内经济问题，而
主要解决国际经济问题。 第二部分单项选择题 １、愿意接受现行的的工资水平和工作条件，但仍然找不到工作的是。 A、充分就业 B、非自愿失业 C、自愿失业 D、摩擦性失业 ２、下列不是货币政策的最终目标。 A、充分就业 B、经济增长 C、物价稳定 D、国际收支顺差 ３、货币政策四大目标之间存在矛盾，任何一个国家要想同时实现是很困难的，但其中是一致的。 A、充分就业与经济增长 B、经济增长与国际收支平衡 C、物价稳定与经济增长 D、物价稳定与经济增长 ４、菲利普斯曲线反映之间此消彼涨的关系。 A、通货膨胀率与失业率 B、经济增长与失业率 C、通货紧缩与经济增长 D、通货膨胀与经济增长 ５、根据蒙代尔的政策配合说，主要解决国内经济问题，而 主要解决国际经济问题。 A、货币政策财政政策 B、财政政策货币政策 C、财政政策利率政策 D、货币政策汇率政策 ６、下列是指在两个目标之间存在矛盾的情况下，通过适当操作，将货币政策两目标都能控制在相对合理的水平。 A、统筹兼顾 B、相机抉择 C、政策搭配 D、单一规则 ７、1995年我国以法律形式确定我国中央银行的最终目标是。 A、以经济增长为首要目标 B、以币值稳定为主要目标 C、保持物价稳定，并以此促进经济增长 D、保持币值稳定，并以此促进经济增长 ８、目前，西方各国运用的比较多而且十分灵活有效的货币政策工具为 。
1 一、名词解释（本大题共3 小题，每小题5 分，共15分） 1．国际资本流动： 2．金融市场： 3．票据贴现： 二、判断正确与错误（本大题共10小题，每小题1分，共10分。正确的打√，错误的打×。） 1．格雷欣法则是在金银复本位制中的平行本位制条件下出现的现象。( ) 2．直接标价法下，银行买人汇率大于卖出汇率。间接标价法下，银行卖出汇率大于买入汇率。( ) 3．出口信贷是本国银行为了拓展自身的业务而向本国出口商或外国进口商提供的中长 期信贷。( ) 4．IMF 的贷款对象只可以是成员国官方财政金融当局，不包括私营企业。( ) 5．按风险性从大到小排列，依次是企业债券、金融债券、政府债券。( ) 6．看涨期权又称卖出期权，因为投资者预期这种金融资产的价格将会上涨，从而可以市价卖出而获利。( ) 7．离岸金融市场借贷货币是境外货币，其借贷利率的制定不以东道国银行同业拆借利率为标准。 ( ) 8．若国际收支总差额为逆差则该国国际储备一定要发生变化。( ) 9．凯恩斯认为，预防性货币需求与利率水平正相关。( ) 10.中央银行可以通过公开市场业务增加或减少基础货币。( ) 三、单项选择题（本大题共10小题，每小题1分，共10分，每小题有一项答案正确，请将正确答案的序号填写在括号内） 1．马克思的货币理论表明( )。 A ．货币是国家创造的产物 B ．货币是先哲为解决交换困难而创造的 C ．货币是固定充当一般等价物的商品 D ．货币是为了保存财富而创造的 2．牙买加体系的特点是( )。 A.保持固定汇率 B ．国际收支可自动调节 C ．国际储备货币单一化 D ．国际储备货币多元化 3．以下属于信用活动的是( )。 A ．赊销 B ．商品买卖 题号 一 二 三 四 五 总分 得分 评卷人
《货币银行学》试题库本科 一、单项选择题（在每小题的四个备选答案中，选出一个正确答案，并将正确答案的序号填在题干的括号内）。 1. 执行价值单方向转移的货币职能是（C） A. 价值尺度 B. 流通手段 C. 支付手段 D. 贮藏手段 2. 商业银行最主要的资金来源是（D） A. 资本金 B. 中央银行借款 C. 发行金融债券 D. 存款负债 3. 商业信用中所使用的信用工具是（D ） A. 存折 B. 股票 C. 债券 D. 票据 4. 企业之间的商品赊销、赊购行为属于（A ） A. 商业信用 B. 银行信用 C. 国家信用 D. 消费信用 5. “劣币驱逐良币”现象发生在（C ）制度下。 A. 银本位 B. 金本位 C. 金银复本位 D. 纸币本位 6. 债券的发行价格高于债券的票面额称为（C ）。 A. 折价发行 B. 中间价发行 C. 溢价发行 D. 平价发行 7. 股票是一种永久性的证券，它是（B ） A. 债券凭证 B. 所有权凭证 C. 使用权凭证 D. 实物资本 8. 比一般贷款利率低, 用于国家政策扶持对象的贷款利率是（ C ） A. 市场利率 B. 实际利率 C. 优惠利率 D. 名义利率 9. 中央银行宏观调控的主要手段是（ C ） A. 产业政策 B. 财政政策 C. 货币政策 D. 收入政策 10. 由市场资金供求关系所决定的利率为（ C ） A.实际利率 B.名义利率 C.市场利率 D.官定利率 11. 商业银行负债业务中最主要的部分是（ A ） A. 各项存款 B. 同业拆借 C. 自有资本 D. 向中央银行借款 12. 中央银行的再贴现利率和再贷款利率可称为（B ） A. 优惠利率 B. 基准利率 C. 差别利率 D. 实际利率 13. 我国货币层次划分中的M0是指（D ） A. 储蓄 B. 存款 C. 信用卡存款 D. 现金 14. 属于区域性国际金融机构的是（ B ） A. 世界银行 B. 亚洲开发银行 C. 国际金融公司 D. 农业发展基金会 15. 属于货币政策远期中介指标的是（ B ） A.汇率B .超额准备金 C .利率D .基础货币 16. 导致通货膨胀的直接原因是（ D ）。 A.货币贬值 B.纸币流通 C .物价上涨 D.货币供应过多 17. 当借贷资金的量一定时，平均利润率越高，利率相对（C ） A. 不变 B. 稳定 C. 越高 D. 越低 18. 下列不属于中央银行货币政策一般性工具的是（B ） A 存款准备金 B 外汇平准基金 C 再贴现 D 公开市场业务 19. 以金为货币金属，以金币为本位币，不铸造、不流通金币，银行券可兑换外币汇票的是（ C ） A.金块本位制 B .金本位制C .金汇兑本位制 D .银行券制 20. 以下不属于证券交易所特点的是（B） A. 有形市场 B. 具有投机性 C. 协商议价原则 D. 投资人须经过交易所成员从事交易 21. 在现实经济生活中，无论是存款货币还是现金货币的提供，均源于银行的（A） A. 存款业务 B. 贷款业务 C. 中间业务 D. 表外业务 22. 中央银行降低法定存款准备金率可以使货币供给量（B ） A 减少 B 增加 C 不确定 D 平稳 23. 不属于国家开发银行业务范围的是（C） A.发放重点项目政策性贷款 B. 办理向重点项目贷款贴息… C.发行金融债券 D. 办理粮棉油储备贷款 24. 对经济运行影响强烈而不常使用的货币政策工具是（ A ） A.信用配额 B. 公开市场业务...... C.再贴现政策 D. 存款准备金政策
C.降低交易成本并提供金融服务便利 D.改善信息不对称 陕西师范大学货币银行学模拟试题（1） 共團475人浏览［大］［中］［小］ 一、名词解释 1. 货币流通 2. 劣币驱逐良币规律（格雷欣定律） 3. 信用 4. 直接融资 5. 基准利率 6. 贴现 7. 利率管制 8. 外汇 9. 汇兑心理说 10.金融市场 二、选择题 1. 货币执行支付手段职能的特点是（）。 A.货币是商品交换的媒介 B.货币运动伴随商品运动 C.货币是一般等价物 D.货币作为价值的独立形式进行单方面转移 A. 银行活期存款 B.企业单位定期存款 C.居民储蓄存款 D.现金 3. 商业信用是企业在购销活动中经常采用的一种融资方式。商业信用的特点有 （ A. 主要用于解决企业的大额融资需求 B. 商业信用融资期限一般较短 C. 商业信用周期较长，在银行信用出现后，企业就较少使用这种融资方式 D. 商业信用融资规模无局限性 4. 利息是（）的价格。 A. 货币资本 B.借贷资本 C.外来资本 D.银行资本 A.提供支付结算服务 B.融通资金 发布日期：2010-07-29 11:05 发布人：圣才学习网 2.在我国货币层次中，狭义货币量包括（ ）。 ）。 5.可以将金融机构的功能描述为（ ）。
6. 世界银行集团包括（ ）。 A.IMF B.国际开发协会 C.国际清算银行 D.国际金融公司 7. 中央银行是一个国家的货币金融管理机构，对其特点可概括为（ A.发行的银行 B.国家的银行 C.存款货币银行 D.银行的银行 8. 衍生金融工具有（ ）。 A.远期合约 B.期货合约 C.互换合约 D.期权 A.不稳定 B.不确定性 C.相对稳定 D.相对不稳定 10. 货币供给的控制机制由（ ）环节构成。 D.货币乘数 A.银行活期存款 B.企业单位定期存款 C.居民储蓄存款 D.证券公司的客户保证金存款 13.马克思的货币起源理论表明（ ）。 A.货币是国家创造的产物 B.货币是先哲为解决交换困难而创造的 C.货币是为了保存财富而创造的 D.货币是固定充当一般等价物的商品 14. 根据融资活动中所产生的当事人的法律关系和法律地位的不同，融资方式可以分为（ A.债权融资 B.股权融资 C. 直接融资 D.间接融资 15. 在一个国家或地区的金融监管组织机构中居于核心位置的机构是（ A.社会性公律组织 B.行业协会 C.中央银行或金融管理当局 D. 分业设立的监管机构 ）。 9.弗里德曼认为货币需求函数具有（ ）的特点。 A.货币供应量 B.基础货币 C.利率 11.信用是（ ）。 A.买卖行为 B. 赠予行为 C.救济行为 D.各种借贷关系的总和 12.在我国货币层次中准货币是指（ ）。 ）。 ）。
第一章货币和货币制度 第一部分填空题 1、铸币是国家权力进入货币流通领域的第一现象。 2、典型的表征货币是银行券 3、表征货币是由足值货币向现代信用货币发展的一种过渡性的货币形态。 4、在现代经济中，信用货币存在的主要形式是现金和存款。 5、电子货币是新型的信用货币形式，是高科技的信用货币。 6、国家发行的短期债券、银行签发的承兑汇票以及大额可转让存单等短期证券，可在货币市场上随时转让、贴现、抵押等多种形式变现，转化成现实的购买手段和支付手段，我们将它们成为准货币。 7、所谓“流通中的货币”，就是发挥流通手段职能的货币和发挥支付手段职能的货币的总和。 8、从货币制度诞生以来，经历了银本位制度、金银复本位制度、金本位制度和纸币本位制度五种主要货币制度形态。 9、金银复本位制主要有两种类型：平行本位制和双本位制。 10、在格雷欣法则中，实际价值高于法定比价的货币是良币。 11、在格雷欣法则中，实际价值低于法定比价的货币是劣币。 12、金本位制有三种形式：金币本位制、金块本位制、金汇兑本位制。 13、货币制度的四大构成要素：货币材料的确定、货币名称货币单位和价格标准、本位币辅币及其偿付能力、发行保证制度。 14、目前，世界各国普遍以金融资产流动性的强弱作为划分货币层次的主要依据。 15、狭义货币M1由现金和活期存款构成，广义货币M2由M1加准货币构成。 16、货币制度最基本的容是货币材料的确定。 17、足值货币货币既可以作为一般商品消费，也可以作为货币进行流通。 18、一个国家的基本通货和法定的计价结算货币称为本位币亦称主币。 19、在纸币制度下，如果在同一市场上出现两种以上纸币流通时，会出现货币的良币驱逐劣币。 20、现代经济用货币的发行主体是银行。 第二部分单项选择题 1、纸币的发行是建立在货币 B 职能基础上的。
货币银行学复习思考题（201005）参考答案 三、名词解释 1、格雷欣法则：在实行金银复本位制条件下，金银有一定的兑换比率，当金银的市场比价与法定比价不一致时，市场比价比法定比价高的金属货币(良币)将逐渐减少，而市场比价比法定比价低的金属货币(劣币)将逐渐增加，形成良币退藏，劣币充斥的现象。 2、商业汇票：是由债权人签发给债务人（也可以是债务人活承兑申请人签发），命令后者支付一定款项给第三者或持票人的支付命令书。 3、货币制度：简称“币制”，是一个国家以法律形式确定的该国货币流通的结构、体系与组织形式。 4、基准利率：是人民银行公布的商业银行存款、贷款、贴现等业务的指导性利率。多种利率并存条件下起决定作用的利率，当其变动时，其他利率也发生相应变化。 5、回购协议：指的是在出售证券的同时，与证券的购买商达成协议，约定在一定期限后按原定价格购回所卖证券，从而获取即时可用资金的一种交易行为。 6、再抵押：中央银行向商业银行提供贷款的一种方式。指商业银行需要补充资金时，以工商企业向其借款时提交的抵押品（票据和有价证券），作为再抵押贷款的抵押品向中央银行借款。 7、表外业务：所谓表外业务，是指商业银行所从事的、按照现行的会计准则不记入资产负债表内、不形成现实资产负债但能增加银行收益的业务。 8、金融市场：是指买卖金融工具以及融通资金的场所活机制。 9、货币需求：指在一定时期内，社会各阶级（个人、企业单位、政府）愿意以货币形势持有财产的需要，或社会个阶层对执行流通手段、支付手段和价值贮藏手段的货币的需求。 10、货币政策：指中央银行在一定时期内利用某些工具作用于某个经济变量，从
2010秋工商管理大港分校2组——金融学（货币银行学2011单选多选部分） ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 第一篇货币与货币制度第一章（货币与货币流通） 1、中国人民银行公布的货币量指标中的货币增长率指标反映了（C货币增量）的状况。 2、一定时期内货币流通速度与现金和存款货币的乘积就是（B货币流量） 3、流动性最强的金融资产是（D现金） 4、马克思的货币理论表明（D货币是固定充当一般等价物的商品） 5、价值形式发展的最终结果是（A货币形式） 6、货币执行支付手段职能的物点是（D货币作为价值的独立形式进行单方面转移） 7、货币在（A商品买卖）时执行流通手段的职能。 8、贝币和谷币是我国历史上的（C实物货币）； 9、在财政收支、贷款发放、商品赊销等经济活动中，货币发挥着（D支付手段）的职能 1.一般而言，货币层次的变化具有以下（ADE）特点。 A.金融产品创新速度越快，重新修订货币层次的必要性就越大D.金融产品创新速度越慢，重新修订货币层次的必要性就越小 E.金融产品越丰富，货币层次就越多 2.在我国货币层次中，狭义货币量包括（AE）。 A.银行活期存款E.现金 3.在我国货币层次中准货币是指（ BCDE）。 B.企业单位定期存款 C.居民储蓄存款 D.证券公司的客户保证金存款 E.其它存款 4.信用货币包括（BCDE）。 C.纸币D.银行券E.存款货币B.电子货币 5.货币发挥支付手段的职能表现在（ABCDEF ）。A.税款交纳B.贷款发放C.工资发放D.商品赊销E.善款捐赠F.赔款支付（附加） 6.按国际货币基金组织的口径，对现钞的正确表述是（ACD）。 A.居民手中的现钞`C.企业单位的备用金D.中央银行发行库中的现金 7.关于狭义货币的正确表述是（AD ）。 A.包括现钞和银行活期存款D.代表社会直接购买力 8.货币发挥交易媒介功能的方式包括（ACD ）。 A.计价单位 C.交换手段D.支付手段 9.币材一般应具有（ABCE） A价值较高 B易于分割 C易于保存 D便于携带 10.马克思从历史和逻辑统一的角度，将货币的职能排列为（ABCDE）A价值尺度B流通手段C 贮藏手段D支付手段E世界货币 第一篇第二章（货币制度） 1、美元与黄金直接挂钩，其他国家的货币与美元挂钩是（C布雷顿森林体系）的特点。 2、市场人民币存量通过现金归行进入的是（C业务库） 3、信用货币制度不具有的性质是（D金属铸币在流通中使用） 4、货币流通具有自动调节机制的货币制度是（B金币本位制） 5、现实经济中信用货币投入流通是通过（B商业活动）？（金融活动） 6、牙买加体系的特点是（C国际储备货币多元化） 1．贵金属不能自由输出输入存在于（ DE）条件下。D.金汇兑本位制 E.金块本位制 2．国际金本位制的特点是（ ACE）。A.黄金可以自由输出输入 C.国际收支可自动调节 E.黄金是国际货币 3．不兑现信用货币制度下，主币具有以下性质（ABD ）。A.国家流通中的基本通货B.国家法定价格标准 D.发行权集中于中央银行或指定发行银行 4．布雷顿森林体系存在的问题主要是（AB ）。A.各国无法通过变动汇率调节国际收支 B.要保证美元信用就会引起国际清偿能力的不足
《货币银行学》历年试卷及参考答案 第一套2008、12 A卷 一、单项选择题（共20小题，每小题1分，共20分） 1、下列利率决定理论中，哪一理论强调投资与储蓄对利率的决定作用？（） A、马克思的利率论 B、流动偏好论 C、可贷资金论 D、实际利率论 2、银行作为一种企业，与工商企业有共同点，表现为（） A、活动领域相同 B、经营的对象相同 C、经营活动的目的相同 D、资金来源相同 3、货币政策诸目标之间呈一致性关系的是（）。 A、物价稳定与经济增长 B、经济增长与充分就业 C、充分就业与国际收支平衡 D、物价稳定与充分就业 4、信用是（）。 A、买卖关系 B、赠予行为 C、救济行为 D、各种借贷关系的总和 5、下列变量中，（）是个典型的外生变量。 A、价格 B、利率 C、税率 D、汇率 6、《巴塞尔协议》中为了清除银行间不合理竞争，促进国际银行体系的健康发展，规定银行的资本充足率应达到（）。 A、5% B、8% C、4% D、10% 7、英格兰银行的建立标志着现代银行业的兴起，它成立于（）。 A、1765 B、1921 C、1694 D、1473 8、“劣币驱逐良币”这一规律出现的货币制度是( ) A 、平行本位制B、双本位制C 、跛行本位制D、银本位制 9、1984年以前，我国的中央银行制度是（） A、单一式的中央银行制度 B、复合式的中央银行制度 C、跨国式的中央银行制度 D、准中央银行制度 10、当中央银行在公开市场上买入有价证券时（） A、货币供应量减少，利率上升 B、货币供应量减少，利率下降 C、货币供应量增加，利率上升 D、货币供应量增加，利率下降 11、以下属于短期信用工具的是（） A、政府公债 B、国库券 C、企业中长期债券 D、股票 12、一般来说商业银行最主要的资产业务是（） A、再贷款业务 B、贷款业务 C、存款业务 D、货币发行 13、下列哪个属于间接融资（） A、商业信用 B、发行股票 C、发行债券 D、银行贷款 14、集中存款准备金，体现了中央银行什么职能（）
货币银行学 第一章导言（略） 第二章货币与货币制度 一、填空 1、从货币本质出发，货币是固定充当（）的特殊商品；从价值规律(价值规律包括商品价值由其社会必要劳动时间决定，商品价值是其价格的基础；商品价格是其价值的货币表现形式.1 供求决定价格.2 价格由市场来决定)的角度看，货币是核算（一般等价物）的工具。答案：一般等价物 2、古今中外很多思想家和经济学家都看到了货币的起源与（）的联系。 答案：交换发展
3、银行券是随着（）的发展而出现的一种用纸印制的货币。 答案：资本主义银行 4、铸币的发展有一个从足值到（）铸币的过程。答案：不足值 5、用纸印制的货币产生于货币的（）职能。答案：流通手段 6、价格是（）的货币表现。答案：价值 7、存储于银行电子计算机系统内可利用银行卡随时提取现金或支付的存款货币称为（）。 答案：电子货币 8、货币在商品交换中起媒介作用时发挥的是（）职能。 答案：流通手段 9、在金属货币流通条件下货币贮藏具有（）的作用。 答案：自发调节货币数量 10、一国流通中标准的基本通货是（）。答案：本位币 11、没有商品（劳务）在同时、同地与之作相向（就是不做同向运动）运动是货币发挥 （）职 能的特征。 答案：支付手段 12、至今为止历史上最理想的货币制度通常被认为是（）。 答案：金铸币本位制
13、我国的人民币是从（）开始发行的。答案：1948年12月1日 14、人民币采取的是（）银行券的形式。答案：不兑现 15、欧元的出现对（）提出了挑战。答案：国家货币主权 二、单项选择题： 1、与货币的出现紧密相联的是（） A、金银的稀缺性 B、交换产生与发展 C、国家的强制力 D、先哲的智慧答案：B 2、商品价值形式最终演变的结果是（） A、简单价值形式 B、扩大价值形式 C、一般价值形式 D、货币价值形式答案：D 3、中国最早的铸币金属是（） A、铜 B、银 C、铁 D、贝答案：A 4、在下列货币制度中劣币驱逐良币律出现在（） A、金本位制 B、银位本制 C、金银复本位制 D、金汇兑本位制答案：C 5、中华人民共和国货币制度建立于（） A、1948年 B、1949年
1)Of the following measures of interest rates, which is considered by economists to be the most accurate? (a)The yield to maturity (b)The coupon rate (c)The current yield (d)The yield on a discount basis Answer:A Question Status: Previous Edition 2)To claim that a lottery winner who is to receive $1 million per year for twenty years has won $20 million ignores the concept of (a)amortizing a loan. (b)par value. (c)deflation. (d)discounting the future. (e)face value. Answer:D Question Status: New 3)If a security pays $110 next year and $121 the year after that, what is its yield to maturity if it sells for $200? (a)9 percent (b)10 percent (c)11 percent (d)12 percent Answer:B 4)Which of the following are true of simple loans? (a)A simple loan requires the borrower to repay the principal and interest at the maturity date. (b)Commercial loans to businesses are often of this type. (c)The borrower repays the loan by making the same payment every month. (d)Both (a) and (b) of the above. (e)Both (b) and (c) of the above. Answer:D Question Status: Previous Edition