金融学形考第2章参考答案
《金融学》第二章答案金融系统
《金融学》第二章答案金融系统CHAPTER 2THE FINANCIAL S YS TEMObjectivesTo provide a conceptual framework for understanding how the financial system works and how it changes over time.To understand the meaning and determinants of rates of return on different classes of assets.Outline2.1 What Is the Financial System?2.2 The Flow of Funds2.3 The Functional Perspective2.4 Financial Innovation and the “Invisible Hand”2.5 Financial Markets2.6 Financial Market Rates2.7 Financial Intermediaries2.8 Financial Infrastructure and Regulation2.9 Governmental and Quasi-Governmental OrganizationsSummaryThe financial system is the set of markets and intermediaries used by households, firms, and governments to implement their financial decisions. It includes the markets for stocks, bonds, and other securities, as well as financial intermediaries such as banks and insurance companies.Funds flow through the financial system from entities that have a surplus of funds to those that have a deficit.Often these fund flows take place through a financial intermediary.There are six core functions performed by the financialsystem:1.To provide ways to transfer economic resources through time, across borders, and among industries.2.To provide ways of managing risk.3.To provide ways of clearing and settling payments to facilitate trade.4.To provide a mechanism for the pooling of resources and for the subdividing of shares in variousenterprises.5.To provide price information to help coordinate decentralized decision-making in various sectors of the economy.6.To provide ways of dealing with the incentive problems created when one party to a transaction hasinformation that the other party does not or when one party acts as agent for another.The fundamental economic force behind financial innovation is competition, which generally leads to improvements in the way financial functions are performed. The basic types of financial assets traded in markets are debt, equity, and derivatives.Debt instruments are issued by anyone who borrows money—firms, governments, and households.Equity is the claim of the owners of a firm. Equity securities issued by corporations are called common stocks.Derivatives are financial instruments such as options and futures contracts that derive their value from the prices of one or more other assets.An interest rate is a promised rate of return, and there are as many different interest rates as there are distinct kinds of borrowing and lending. Interest rates vary depending on the unitof account, the maturity, and the default risk of the credit instrument. The nominal interest rate is the promised amount of money you receive per unit you lend.The real rate of return is defined as the nominal interest rate you earn corrected for the change in the purchasing power of money. For example, if you earn a nominal interest rate of 8% per year and the rate of price inflation is also 8% per year, then the real rate of return is zero.There are four main factors that determine rates of return in a market economy:the productivity of capital goods—expected rates of return on mines, dams, roads, bridges, factories, machinery, and inventories,the degree of uncertainty regarding the productivity of capital goods,time preferences of people—the preference of people for consumption now versus consumption in the future, and risk aversion—the amount people are willing to give up in order to reduce their exposure to risk.Indexing is an investment strategy that seeks to match the returns of a specified stock market index.Financial intermediaries are firms whose primary business is to provide customers with financial products that cannot be obtained more efficiently by transacting directly in securities markets. A mong the main types of intermediaries are banks, investment companies, and insurance companies. Their products include checking accounts, loans, mortgages, mutual funds, and a wide range of insurance contracts.Solutions to Problems at End of Chapter1. Do you agree with Adam Smith’s view that society canrely more on the “invisible hand” than on government to promote economic pros perity?Student answers will vary of course.SAMPLE ANSWER:The communist system is the exact opposite of Adam Smith’s invisible hand. And of course we have recently seen the downfall of many of the communist countries around the world. In the communist world, it was believed that government could make better decisions promoting economic prosperity than individuals could. Clearly this system failed to promote economic prosperity. It seems that Adam Smith’s view was that competitive market systems as a whole (rather than government) could best allocate resources to promote economic prosperity. However, a completely unfettered capitalist society such as in the late 1800s in the Western world may n ot have been the perfect system either as the invisible hand helped the “rich get richer” while the poor and needy had no formal assistance. This outraged the moral fabric of society and government programs were eventually set up to formally address thisi ssue of general welfare and “fairness”.2. How does the financial system contribute to economic security and prosperity in a capitalist society?In a capitalist society, it is the price system which helps make capital resource decisions. Capital flows to those operations which can employ it to earn the highest rate of return. This therefore allocates capital to its most productive use, thereby enhancing society’s economic prosperity.In addition, the financial system has markets and intermediaries which transfer risks from those who are least willing to bear it to those who are most willing to bear it. This benefits society as a whole withoutcosting it anything. In addition, by allowing individuals to reduce or eliminate risks, it fosters an atmosphere of undertaking business ventures which also benefits society.3. Give an example of how each of the six functions of the financial system are performed more efficiently today than they were in the time of Adam Smith (1776).Clearing and settling payments:In Adam Smith’s day, just as today there was paper and coin currency. However, due to technological innovations (primarily the computer) today there are many additional forms of payment settlement such as personal checks, credit cards, debit cards and electronic transfer of funds. In addition, certain credit cards and traveler’s checks are accepted everywhere in the world making currency exchange a relic of the past. Pooling resources and subdividing shares:In Adam Smith’s day, most businesses were s mall and were financed by sole proprietorships. Therefore the need to pool resources to finance large investments was not as prevalent or as important as it is today. Again, the technological revolution of computers and telephones allow for global capital marke ts to efficiently finance today’s much larger businesses. Today these companies can access huge pools of money around the world and find the cheapest source of financing for large scale projects.Transfer economic resources: Today there is a worldwide financial system which facilitates the transfer of resources and risk from one individual to another and from one point in time to another. In Adam Smith’s day, although there were financial markets which played a limited role, they were localized, small and much less efficient and innovative than they are today.Managing risk: Of course during Adam Smith’s day individuals and businesses faced many of the same risks they dotoday (risk of property damage, risk of financial loss, risk of crop failure etc.) Ho wever, there were limited means to offset this risk. There were some insurance companies in place at that time, however, they concentrated on managing business risk rather than personal risk and certainly there was not the same type of insurance. A good ex ample is that in Adam Smith’s day, there was no unemployment insurance. In Adam Smith’s day, there was very little a farmer could do about reducing his risk of crop failure or lower crop prices. Today there are a vast number of markets and securities which can be used to offset individual and business risk as well as a huge network of insurance companies whose role is to transfer risk from those who want to reduce risk to those who want to take on more risk.Price information: During Adam Smith’s day, info rmation traveled slowly. Of course, there were no phones, televisions or radios. News traveled by newspaper and by the mail. Today, information travels around the worldinstantaneously. Due primarily to the growth and innovation in computer and telephone t echnology, information about security prices and performance is known at virtually the same time everywhere around the world.Incentive problems: As discussed above, today’s financial sy stem is large, innovative and global. In Adam Smith’s day, while there were problems of moral hazard and adverse selection (but less of a principal-agent problem) there was not the same financial system and sophistication to deal with these problems as there is today.4. How does a competitive stock market accomplish the result that Adam Smith describes? Should the stock market be regulated? How and why?Student answers will vary.SAMPLE ANSWER:Adam Smith talked about free and competitive markets as a system which allocates capital to its most productive use and greatest value. In a competitive stock market, prices are set through supply and demand. Those companies returning the highest return will be rewarded with the highest prices (or cheapest source of financing). Those companies which are under performing will not be allocated as much capital because they are not as productive. Because the universe of possible investments is huge and because it is at times difficult for investors to discern which companies are the most productive employers of capital, regulation shou ld be required to make sure relevant and standardized information is disseminated to potential investors. This would include regulation on disclosure and also insider trading and stock manipulation. However other forms of market regulation are perhaps not so important from a market efficiency point of view and may even impede society’s overall financial welfare.5. Would you be able to get a student loan without someone else offering to guarantee it?Since most students do not have any earning power (yet) or source of savings or other capital, it is doubtful any intermediary would take that credit risk at any reasonable interest rate.6. Give an example of a new business that would not be able to get financing if insurance against risk were not available.EXAMPLES:Chemical companyChild safety products companyAirlineBankHospitalEnvironmental consultingHazardous waste disposal7. Suppose you invest in a real-estate development deal. The total investment is $100,000. You invest $20,000 of your own money and borrow the other $80,000 from the bank. Who bears the risk of this venture and why?The $20,000 of my own money is considered the equity capital and the $80,000 is debt financing. In general it is the equity investors who absorb the primary risk of business failure. This is because if the business goes bankrupt, I will unlikely get any or my money back as the debt holders get paid back before I do. However, the debt holder also faces some risk that it will not even get back all its principal and interest. So lenders do share some of the business risk along with the equity investors.8. You are living in the United States and are thinking of traveling to Germany 6 months from now. You can purchase an option to buy marks now at a fixed rate of $0.75 per mark 6 months from now. How is the option like an insurance policy?An option means you have a choice. In this example you can choose to buy the marks at $0.75 in 6 months but you do not have to. You will only buy the marks at this price if it is cheaper for you to do so (if the spot market at that time is higher). Therefore, like an insurance policy you are protected against a potential loss. You know that the maximum price you will have to pay is $0.75 per mark and that you are protected against any higher price. Presumably you will have to pay something for the price of that option and that can be equated to an insurance premium.9. Give an example of how the problem of moral hazard might prevent you from getting financing for something you want to do. Can you think of a way of overcoming this problem?SAMPLE ANSWER:Suppose I want to start a biotechnology business and I need a lot of financing. The trouble is, I do not want to disclose my technology secrets to potential equity and debt investors. I will have great difficulty raising financing. But I could do the following: At a minimum, I could require all potential lenders and investors to sign agreements saying they will not disclose any of my secrets. Secondly, I could share some of my equity with potential lenders (equity-kickers) and investors (stock and stock options). At least that way they will not be motivated to disclose my secrets to others. Finally, if I decided I did not want to share secrets, I could give collateral in my new plant to the debt lenders and that might make them more comfortable with the issue of moral hazard.10. Give an example of how the problem of adverse selection might prevent you from getting financing for something you want to do. Can you think of a way of overcoming this problem?SAMPLE ANSWER:Suppose I want to start a car leasing business. Initially my plan was to purchase several automobiles and lease them out at attractive annual rates. However, potential lenders were worried that my business would attract individuals who drive great distances each year. Rather than buy their own car and lose significant value, they would lease my cars and take a new one each year. I would not be able to obtain financing for this business until I instituted annual mileage restrictions. This alteration in the business plan was enough to make the lenderscomfortable with the potential problem of adverse selection.11. Give an example of how the principal-agent problem might prevent you from getting financing for something you want to do. Can you think of a way of overcoming this problem?SAMPLE ANSWER:Suppose you want to start a personal care products company. However, you have the idea for the business, but you do not want to actually run the business. To do that you have hired an executive from a competitor. He will own no equity in the business but will be paid a salary of $100,000 to start up the business.Trouble with this example is that the executive you have hired has little incentive to make the business really work other than his salary (which presumably he could earn at many different companies). What if this executive is really a spy? It may be difficult to get financing for this venture. The way to solve the problem is if you the owner decide to run the business (you certainly are motivated for it do well) or at a minimum, grant your new employee stock or stock options in the business.12. Why is it that a country’s postage stamps are not as good a medium of exchange as its paper currency? Postage stamps would be much easier to copy (to counterfeit) than paper currency which has intricate designs and is made of special fibers (not easily duplicated). Secondly, postage stamps would not be as durable as paper currency and because of their other use, could easily stick to other items! Finally, because postage stamps are used for another purpose, one might run out of them and have to make a special trip to the post office to get more. Of course, the post office is not as convenient as an ATM machine for getting a new supply of currency.13. Who is hurt if I issue counterfeit U.S. dollars and use them to purchase valuable goods and services?If this were done in great size, everyone would be hurt through the inflation that would result in the increased money supply. However, if done in a s mall amount, the individuals accepting the currency are taking on the risk (without knowing it) that the dollars will not be accepted by others as a medium of exchange.14. Some say the only criterion to use in predicting what will serve as money in the future is the real resource cost of producing it, including the transaction costs of verifying its authenticity. According to this criterion what do you think will be the money of the future?SAMPLE ANSWER:Payments via electronic transfer may become the medium of choice. It is a very cheap way to create currency. The biggest challenge will be to create security systems that do not allow for tampering and fraud. Once this is done and once most individuals and retail establishments have access to the system (through bank accounts and linking computer systems) then this should become the “currency” of choice.15. Should all governments issue debt that is indexed to their domestic price level? Is there a moral hazard problem that citizens face with regard to their public officials when government debt is fixed in units of the domestic currency?The answer is that all governments should issue debt that is indexed to their domestic price level. This is due to the fact that if debts are not indexed to the domestic price level, governments have the incentive to print money to repay those debts, thereby increasing domestic inflation which negatively impacts all ofsociety.16. Describe your country’s sy stem for financing higher education. Wh at are the roles played by households, voluntary non-profit organizations, businesses and government?SAMPLE ANSWER:In the United States, the vast majority of higher education is paid for by individuals through savings. These sums can be supplemented in whole or in part by government-guaranteed loans and through student loans and scholarships provided by universities themselves as well as by private foundations such as those provided by the Fulbright scholarship.17. Describe your country’s system for fin ancing residential housing. What are the roles played by households, businesses and government?SAMPLE ANSWER:In the United States individuals and individual borrowings from savings and loans, commercial banks and mortgage lending companies finance the vast majority of residential housing through individual equity savings. The government guarantees a certain amount of low income mortgages and local governments finance some low-income housing. Businesses play a role through the lending business as well as through the financial markets which provide liquidity for portfolios of certain standardized mortgages.18. Describe your country’s system for financing new enterprises. What are the roles played by households, businesses and government?SAMPLE ANSWER:In the United States, the vast majority of new enterprises is financed through individual savings and through initial publicofferings made to the general public. These sources of financing are augmented by established firms which spend research and development (R&D) dollars developing new products and businesses and by venture capital institutions which also provide start-up financing.19. Describe your country’s system for financing medical research. What are the roles played by voluntary non-profit organizations, businesses and government?SAMPLE ANSWER:In the United States, medical research is financed both by non-profit organizations (such as universities and medical facilities as well as organizations such as the American Heart Association) as well as by businesses such as Merck, Johnson & Johnson and Genentech. The government is involved in research grants, primarily to universities.20. Assume there are only two stocks traded in the stock market, and you are trying to construct an index to show what has happened to stock prices. Let us say that in the base year the prices were $20 per share for stock 1 with 100 million shares outstanding and $10 for stock 2 with 50 million shares outstanding. A year later, the prices are $30 per share for stock 1 and $2 per share for stock 2. Using the two different methods explained in the chapter, compute stock indexes showing what has happened to the overall stock market. Which of the two methods do you prefer and why? (See appendix that follows.) DJI-Type Index = Average of Current Prices/Average of Base Prices * 100 = 106.67S&P-Type Index = (Weight of Stock 1 * Current Price of Stock 1 / Base Price of Stock 1 + Weight of Stock 2 * Current Price of Stock 2/Base Price of Stock 2) * 100 = 124The S&P-Type Index accurately reflects what has happened to the total market value of all stocks.。
国开《金融学》形考作业1-15章节任务答案
国开《金融学》形考作业1-15章节任务答案【第1周】第一章经济主体的财务活动与金融一、单选题（每题6分，共5道）1、居民进行储蓄与投资的前提是( )。
A、货币收入B、货币支出C、货币盈余D、赤字正确答案是：货币盈余2、在市场经济条件下，发行（）是财政最常用、最普遍的筹措资金方式。
A、政府债券B、公司债权C、商业票据D、股票正确答案是：政府债券3、现代金融体系建立的基础是( )。
A、现代货币制度B、现代信用制度C、现代企业管理制度D、A和B正确答案是：A和B4、各经济部门的金融活动及其彼此间的平衡关系可以通过( )来反映。
A、资产负债表B、金融机构信贷结构表C、资金流量表D、现金流量表正确答案是：资金流量表5、采取独资、合资或合作等方式在国外建立新企业的“绿地投资”属于（）投资。
A、国际间接投资B、国际直接投资C、国际金融投资D、国际结算正确答案是：国际直接投资6、发行股票属于（）融资。
A、外源融资B、内源融资C、债务融资D、债权融资正确答案是：外源融资7、居民的赤字可以通过以下哪种方式弥补( )。
A、购买债券B、消费贷款C、发行股票D、购买保险正确答案是：消费贷款8、（）属于贸易融资的行为。
A、信用证B、公司债权C、购买外国企业债券D、股票正确答案是：信用证9、现代社会中，不同的经济部门之间有的总体是盈余的，有的总体是赤字的，他们之间主要通过( )活动来实现平衡。
A、金融B、财政C、救济D、调整消费正确答案是：金融10、从整体上看，（）是最大的金融盈余部门。
A、企业B、金融机构资C、政府D、居民正确答案是：居民二、多选题（每题8分，共5道）1、企业财务活动与金融体系的关系体现在( )。
A、企业是金融机构的服务对象B、企业是金融市场的最主要的参与者C、企业财务活动对宏观金融总量与结构具有决定性影响D、企业是金融市场最主要的资金提供者E、企业是金融市场监管体系重要的组成部分正确答案是：企业是金融机构的服务对象, 企业是金融市场的最主要的参与者, 企业财务活动对宏观金融总量与结构具有决定性影响2、以下反映居民部门参与金融活动的是（）。
国开[课程号00582]《国际金融-形考任务二》复习资料答案
![国开[课程号00582]《国际金融-形考任务二》复习资料答案](https://img.taocdn.com/s3/m/7d200aa5ed3a87c24028915f804d2b160b4e861f.png)
国开[课程号00582]《国际金融-形考任务二》复习资料答案
国开[课程号]00582-国际金融-形考任务二
试卷满分100分得分100分
【题目】黄金输送点中的费用包括：（）。
A. 运费
B. 保险费
C. 包装费
D. 检验费
E. 利息
正确答案是：运费, 包装费, 保险费, 检验费, 利息
【题目】购买力平价可分为：（）。
A. 绝对购买力平价
B. 银平价
C. 相对购买力平价
D. 金平价
正确答案是：绝对购买力平价, 相对购买力平价
【题目】影响汇率变动的主要因素有（）。
A. 汇率
B. 经济增长
C. 物价
D. 利率
E. 心里预期
正确答案是：利率, 心里预期, 经济增长
【题目】汇率变动对国内经济的影响包括：（）。
A. 产量
B. 就业
C. 汇率
D. 利率
E. 物价
正确答案是：产量, 就业, 物价
【题目】汇率变动对（）产生影响。
A. 国内经济
B. 国际收支
C. 国际信用
D. 国际金融
E. 国际储备
正确答案是：国际收支, 国际储备, 国内经济。
国家开放大学《金融学》自测题(形考计分)参考答案
国家开放大学《金融学》自测题（形考计分）参考答案第一章经济主体的财务活动与金融单选题（每题6分，共5道）1.现代社会中，不同的经济部门之间有的总体是盈余的，有的总体是赤字的，他们之间主要通过( )活动来实现平衡。
A. 金融B. 财政C. 救济D. 调整消费2.各经济部门的金融活动及其彼此间的平衡关系可以通过( )来反映。
A. 资产负债表B. 金融机构信贷结构表C. 资金流量表D. 现金流量表3.（）属于贸易融资的行为。
A. 信用证B. 公司债权C. 购买外国企业债券D. 股票4.现代金融体系建立的基础是( )。
A. 现代货币制度B. 现代信用制度C. 现代企业管理制度D. A和B5.采取独资、合资或合作等方式在国外建立新企业的“绿地投资”属于（）投资。
A. 国际间接投资B. 国际直接投资C. 国际金融投资D. 国际结算多选题（每题8分，共5道）1.以下反映居民部门参与金融活动的是（）。
A. 在银行存款B. 在证券市场发行债券C. 投资股票D. 参加股票培训班E. 向民间钱庄申请贷款2.以下属于国际直接投资的是( )。
A. 对国外企业进行技术支持B. 居民在本国金融市场购买国外企业发行的股票C. 国外企业采用合作方式在本国建立新企业D. 收购国外企业的股权，并成为绝对最大股东E. 将前期投资利润继续投资国外企业3.政府赤字的弥补方式有哪些( )。
A. 增加税收B. 向中央银行申请贷款C. 向商业银行申请贷款D. 发行政府债券E. 发行股票4.以下哪些是银行为企业提供的金融服务（）。
A. 存款业务B. 贷款业务C. 年金管理D. 债券发行E. 资金清算5.企业财务活动与金融体系的关系体现在( )。
A. 企业是金融机构的服务对象B. 企业是金融市场的最主要的参与者C. 企业财务活动对宏观金融总量与结构具有决定性影响D. 企业是金融市场最主要的资金提供者E. 企业是金融市场监管体系重要的组成部分判断题（每题6分，共5道）1.国际投资所引起的资本流动需要依附于真实的商品或劳务交易。
国开金融企业会计形考任务2参考答案
标准答案1 集中制
标准答案2 损益类
标准答案3 1个月
标准答案4 借：其他应收款贷：库存现金
标准答案5 1万
标准答案6 同步清算; 集中监督; 实存资金; 头寸控制
标准答案7 储蓄存款; 单位存款; 机关团体存款
标准答案8 及时清算银行间往来占款; 快速传递凭证; 简化商业银行间的往来核算手续; 加速资金周转
标准答案9 短期贷款; 存放中央银行款项; 库存现金
标准答案10 金库不得直接对外办理现金收付业务; 运钞根据不同情况可以分为集中运钞和分散运钞两种形式; 同一城市原则上只能设置一个中心金库; 上级行要对下级行进行定期或不定期的查库
标准答案11 错
标准答案12 错
标准答案13 对
标准答案14 对
标准答案15 错
标准答案16
工商银行深圳市龙岗支行会计分录为：
借：吸收存款—活期存款—振华公司12 000.00
贷：存放系统内款项12 000.00
上海分行营业部会计分录为：
借：存放系统内款项12 000.00
贷：吸收存款—活期存款—海雅百货公司12 000.00"
标准答案17
中国建设银行福田支行：
借：吸收存款—活期存款—A企业80 000.00
贷：清算资金往来—同城票据交换清算80000.00
交通银行罗湖支行：
借：清算资金往来—同城票据交换清算80000.00
贷：吸收存款—活期存款—B企业80000.00"。
金融学形考作业二
正确
获得分中的分
标记题目
题干
在以下金融资产中，流动性最强的是（）。
选择一项：
A. 居民储蓄存款
B. 银行定期存款
C. 银行活期存款
D. 现金
反馈
正确答案是：现金
题目3
正确
获得分中的分
标记题目
题干
典型的金本位制是（）。
选择一项：
A. 金币本位制
B. 虚金本位制
C. 金块本位制
D. 金汇兑本位制
反馈
金融学形考作业二
窗体顶端
标记题目
信息文本
单选题（每题6分，共5道）
题目1
正确
获得分中的分
标记题目
题干
马克思的货币起源理论表明（）。
选择一项：
A. 货币是为了保存财富而创造的
B. 货币是固定充当一般等价物的商品
C. 货币是先哲为解决交换困难而创造的
D. 货币是国家创造的产物
反馈
正确答案是：货币是固定充当一般等价物的商品
题干
明代丘濬说“日中为市，使民交易以通有无。以物易物，物不皆有，故有钱币之造焉”。这句话反映了（）的货币起源思想。
选择一项：
A. 先王制币说
B. 创造发明说
C. 保存财富说
D. 交换需要说
反馈
正确答案是：交换需要说
标记题目
信息文本
多选题（每题8分，共5道）
题目6
不正确
获得分中的分
标记题目
题干
货币发挥支付手段的职能表现在（）。
反馈
The correct answers are: 纸币, 银行券, 存款货币
题目10
部分正确
获得分中的分
金融学第2章练习测试题及答案
金融学第2章练习测试题及答案模拟测试题（二）一、判断题（每题1分）1、间接融资的优点是有利于通过分散化来降低金融风险。
（） 2、金融中介机构存在的必要性之一是它能够“集零为整，续短为长”。
（） 3、信用资产作为融资手段比股权融资具有较高的财务风险。
（） 4、中世纪的欧洲，许多国家实行银本位制，这是符合当时欧洲商品经济发展水平和欧洲贵金属生产情况的。
（）5、金融制度所提供的机制和组织较难抑制金融交易活动中的机会主义倾向。
（）6、在通货紧缩情况下，通常名义利率降幅往往低于物价降幅，从而造成对投资的抑制。
（）7、菲利普斯曲线反映的是通货膨胀与就业之间的反向相关关系。
（）8、养老基金属于投资型金融机构的范畴。
（）9、货币市场主要包括商业银行的短期借贷市场、同业拆借市场、商业票据市场、证券市场、大额可转让存单市场等。
（）10 、中央银行的公开市场业务都是在二级市场而非一级证券市场进行的.( ) 11、银行承兑汇票的物质基础是商品交易。
（）12、利率市场化是指中央银行完全放弃对利率的调整，利率完全由市场决定。
（） 13、资金短缺单位与盈余单位直接建立融资关系被称之为间接融资。
（） 14、原始存款就是流通中现金和商业银行在中央银行的准备金存款之和。
（） 15、希克斯和尼汉斯提出了金融创新理论―― 规避创新假说（）二、单项选择题（每题1分）1、以下对金融资产的描述不正确的是（） A 市场价值稳定B 是一种无形资产C 是一种未来收益的索取权D 市场价值受市场供求状况影响 2、流动性比率管理应属于：（）A 一般性货币政策工具B 选择性货币政策工具C 直接信用控制D 间接信用控制 3、（）是对银行票据的正确描述。
A 是在商业票据流通的基础上产生的B 是由工商企业发行的无抵押品的短期债务凭证 C 就是银行承兑票据D 工商企业在赊购商品时，签发的延期付款的凭证4、（）又称为一级市场，是指资金需求者将金融工具面向公众首次出售而形成的交易市场。
金融学形考参考答案 第2章
第二章单选题（每题6分，共5道）1.贝币和谷帛是我国历史上的（）。
A. 纸币B. 金属货币C. 信用货币D. 实物货币正确答案是：实物货币2 典型的金本位制是（）。
A. 金币本位制B. 虚金本位制C. 金块本位制D. 金汇兑本位制正确答案是：金币本位制3. 民银行公布的货币量指标中的货币增长率指标反映了（）的变化状况。
A. 货币增量B. 货币流量C. 货币存量D. 货币总量确答案是：货币增量4.各国货币体层次划分的主要依据是（）。
A. 金融资产的种类B. 金融资产的重要性C. 金融资产的价值大小D. 金融资产的流动性确答案是：金融资产的流动性5. 牙买加体系不具备的特点是（）。
A. 国际储备货币多元化B. 实行浮动汇率C. 国际收支可自动调节D. 保持固定汇率正确答案是：保持固定汇率多选题（每题8分，共5道）6 金属货币与纸币和存款货币有哪些不同之处（）。
A. 金属货币可以作为资产保值增殖的一种手段，而纸币和存款货币不可以B. 金属货币具有内在价值，而纸币和存款货币本身没有内在价值C. 金属货币的币值相对稳定，而纸币和存款货币受物价影响较大D. 金属货币可以在世界范围内流通，而纸币和存款货币只能在本国流通E. 金属货币增长受储量和开采量的限制，纸币和存款货币的规模央行可以灵活掌握正确答案是：金属货币具有内在价值，而纸币和存款货币本身没有内在价值, 金属货币的币值相对稳定，而纸币和存款货币受物价影响较大, 金属货币增长受储量和开采量的限制，纸币和存款货币的规模央行可以灵活掌握7 信用货币包括（）。
A. 银行券B. 金属货币C. 存款货币D. 纸币E. 实物货币答案是：纸币, 银行券, 存款货币8 金本位制包括（）。
A. 金币本位制B. 金块本位制C. 金银复本位制D. 金汇兑本位制E. 金元本位制正确答案是：金块本位制, 金汇兑本位制, 金币本位制9 国际货币制度的构成要素包括（）。
A. 确定国际储备资产B. 安排汇率制度C. 选择国际收支的调节方式D. 规定本国货币的法定支付能力E. 规定货币材料正确答案是：安排汇率制度, 选择国际收支的调节方式, 确定国际储备资产10 币材一般应具备（）的性质A. 易于保存B. 成本较低C. 价值较高D. 便于携带E. 易于分割确答案是：价值较高, 易于分割, 易于保存, 便于携带判断题（每题6分，共5道）11 我国货币的发行量取决于我国中央银行拥有的黄金外汇储备量。
- 1、下载文档前请自行甄别文档内容的完整性，平台不提供额外的编辑、内容补充、找答案等附加服务。
- 2、"仅部分预览"的文档,不可在线预览部分如存在完整性等问题,可反馈申请退款(可完整预览的文档不适用该条件!)。
- 3、如文档侵犯您的权益，请联系客服反馈,我们会尽快为您处理(人工客服工作时间：9:00-18:30)。
第二章
单选题（每题6分，共5道）
1.贝币和谷帛是我国历史上的（）。
A. 纸币
B. 金属货币
C. 信用货币
D. 实物货币正确答案是：实物货币
2 典型的金本位制是（）。
A. 金币本位制
B. 虚金本位制
C. 金块本位制
D. 金汇兑本位制正确答案是：金币本位制
3. 民银行公布的货币量指标中的货币增长率指标反映了（）的变化状况。
A. 货币增量
B. 货币流量
C. 货币存量
D. 货币总量确答案是：货币增量
4.各国货币体层次划分的主要依据是（）。
A. 金融资产的种类
B. 金融资产的重要性
C. 金融资产的价值大小
D. 金融资产的流动性确答案是：金融资产的流动性
5. 牙买加体系不具备的特点是（）。
A. 国际储备货币多元化
B. 实行浮动汇率
C. 国际收支可自动调节
D. 保持固定汇率正确答案是：保持固定汇率
多选题（每题8分，共5道）
6 金属货币与纸币和存款货币有哪些不同之处（）。
A. 金属货币可以作为资产保值增殖的一种手段，而纸币和存款货币不可以
B. 金属货币具有内在价值，而纸币和存款货币本身没有内在价值
C. 金属货币的币值相对稳定，而纸币和存款货币受物价影响较大
D. 金属货币可以在世界范围内流通，而纸币和存款货币只能在本国流通
E. 金属货币增长受储量和开采量的限制，纸币和存款货币的规模央行可以灵活掌握
正确答案是：金属货币具有内在价值，而纸币和存款货币本身没有内在价值, 金属货币的币值相对稳定，而纸币和存款货币受物价影响较大, 金属货币增长受储量和开采量的限制，纸币和存款货币的规模央行可以灵活掌握
7 信用货币包括（）。
A. 银行券
B. 金属货币
C. 存款货币
D. 纸币
E. 实物货币答案是：纸币, 银行券, 存款货币
8 金本位制包括（）。
A. 金币本位制
B. 金块本位制
C. 金银复本位制
D. 金汇兑本位制
E. 金元本位制正确答案是：金块本位制, 金汇兑本位制, 金币本位制
9 国际货币制度的构成要素包括（）。
A. 确定国际储备资产
B. 安排汇率制度
C. 选择国际收支的调节方式
D. 规定本国货币的法定支付能力
E. 规定货币材料正确答案是：安排汇率制度, 选择国际收支的调节方式, 确定国际储备资产
10 币材一般应具备（）的性质
A. 易于保存
B. 成本较低
C. 价值较高
D. 便于携带
E. 易于分割确答案是：价值较高, 易于分割, 易于保存, 便于携带
判断题（每题6分，共5道）
11 我国货币的发行量取决于我国中央银行拥有的黄金外汇储备量。
对
错正确的答案是“错”。
12 货币作为价值贮藏形式的最大优势在于它的收益性。
对
错正确的答案是“错”。
13 交换媒介职能和资产职能都是货币最基本的职能。
对
错正确的答案是“错”。
14 国家货币制度由一国政府或司法机构独立制定实施，是该国货币主权的体现。
对
错正确的答案是“对”。
15 广义货币量反映的是整个社会潜在的购买能力。
对
错正确的答案是“错”。
单选题（每题6分，共5道）
1 马克思的货币起源理论表明（）。
A. 货币是为了保存财富而创造的
B. 货币是固定充当一般等价物的商品
C. 货币是先哲为解决交换困难而创造的
D. 货币是国家创造的产物确答案是：货币是固定充当一般等价物的商品
2 明代丘濬说“日中为市，使民交易以通有无。
以物易物，物不皆有，故有钱币之造焉”。
这句话反映了（）的货币起源思想。
A. 交换需要说
B. 创造发明说
C. 保存财富说
D. 先王制币说正确答案是：交换需要说
3 在以下金融资产中，流动性最强的是（）。
A. 银行活期存款
B. 居民储蓄存款
C. 银行定期存款
D. 现金正确答案是：现金
4 货币在（）时执行流通手段的职能。
A. 缴纳税款
B. 表现商品价值
C. 商品买卖
D. 支付工资正确答案是：商品买卖
5 美元与黄金挂钩，其他国家货币与美元挂钩是（）的特点。
A. 牙买加体系
B. 国际金本位制
C. 国际金块本位制
D. 布雷顿森林体系正确答案是：布雷顿森林体系
多选题（每题8分，共5道）
6 货币发挥支付手段的职能表现在（）。
A. 工资发放
B. 贷款发放
C. 税款交纳
D. 商品赊销
E. 货款支付正确答案是：税款交纳, 贷款发放, 商品赊销, 工资发放
7 货币发挥交易媒介职能的方式包括（）。
A. 积累手段
B. 交换手段
C. 计价单位
D. 支付手段
E. 价值贮藏正确答案是：计价单位, 交换手段, 支付手段
8 在我国货币层次中，狭义货币包括（）。
A. 银行活期存款
B. 现金
C. 居民储蓄存款
D. 企业单位定期存款
E. 证券公司的客户保证金存款正确答案是：银行活期存款, 现金
9 一般而言，货币层次的变化具有以下（）特点。
A. 随着流动性的减弱，货币包括的范围在缩小
B. 金融产品创新速度越快，层次划分的变动就越少
C. 金融产品创新速度越快，层次划分的变动就越频繁
D. 同一名称的金融产品，在不同国家都属于同一货币层次
E. 随着流动性的减弱，货币包括的范围在扩大
正确答案是：随着流动性的减弱，货币包括的范围在扩大, 金融产品创新速度越快，层次划分的变动就越频繁
10 人民币货币制度的特点是（）。
A. 人民币采用现金和存款货币两种形式
B. 人民币是我国法定计价、结算的货币单位
C. 人民币不规定含金量，是不兑现的信用货币
D. 人民币由中国人民银行统一发行
E. 元、角、分都是我国经济生活中法定计价、结算的货币单位
正确答案是：人民币是我国法定计价、结算的货币单位, 人民币采用现金和存款货币两种形式, 人民币不规定含金量，是不兑现的信用货币
判断题（每题6分，共5道）
11 牙买加体系规定美元和黄金不再作为国际储备货币。
对
错正确的答案是“错”。
12 一定时期内货币流通速度与现金、存款货币的乘积就是货币存量。
对
错正确的答案是“错”。
13 我国货币层次中的M0即现钞是指商业银行的库存现金、居民手中的现钞和企业单位的备用金。
对
错正确的答案是“错”。
14 货币天然是金银，金银天然不是货币。
对
错正确的答案是“对”。
15 金币本位制、金汇兑本位制和金块本位制下主币可以自由铸造，辅币限制铸造。
对
错正确的答案是“错”。