The stock market fulfils all of the following functions except which one?
A. A market for foreign exchange.
B. A market for government bonds.
C. A market for short term loans.
D. A market for company shares.
正解:C
質問 2:
A clothes retailer has estimated a linear trend equation including trend, seasonal and cyclical components to forecast its sales for the next four quarters Which of the following factors would generate actual sales figures that are likely to differ markedly from the forecast?
A. A drop in sales due to the ongoing economic recession.
B. A drop in sales due to emergency roadwork blocking access to the store
C. An increase in sales due to the increasing popularity of their brand.
D. An increase in sales before a major religious festival
正解:C
質問 3:
A bond has a coupon rate of 7%, a nominal value of $100 and a market price of $140 The percentage running yield is %
正解:
5
質問 4:
A business has fixed costs of $200. Its total variable costs at different levels of output are as follows:
The business can always sell its output at a price of $100 per unit
The profit maximizing level of output is ____ ?
正解:
4
質問 5:
Central banks undertake all of the following roles except one. Which ONE is the exception?
A. Financing the government budget deficit
B. The setting of interest rates
C. Oversight of the liquidity position of commercial banks
D. Ensuring commercial banks meet minimum the capital adequacy requirements
正解:A
質問 6:
The real rate of interest is
A. The compound rate of interest.
B. The rate of interest charged on loans plus administrative charges.
C. The nominal rate of interest adjusted for inflation.
D. The rate of interest charged by banks on loans.
正解:C
質問 7:
If the government imposed a legal minimum wage that was above the market equilibrium wage, the resulting unemployment would be the greatest when:
A. the demand for labor and the supply of labor are both price inelastic
B. the demand for labor and the supply of labor are both price elastic
C. the demand for labor is price inelastic and the supply of labor is price elastic
D. the demand for labor is price elastic and the supply of labor is price inelastic
正解:B
質問 8:
Which of the following is the most likely cause of a demand deficient unemployment (or cyclical unemployment)?
A. Excess aggregate demand in the economy of a trading partner
B. Significantly lower labor costs available in a developing country
C. Improvement in the terms of trade
D. A fall in domestic interest rates
正解:C
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谷口** -
みごとにBA1合格いたしました。Pass4Testさんほんとうにすごい。解説と演習問題を掲載しているので本番でも動じない実力を養うことができます。