掃碼下載APP
及時接收最新考試資訊及
備考信息
學習是一個不斷積累的過程,每天學習一點,每天進步一點!為了幫助大家更高效地備考2021年CFA考試,正保會計網校每日為大家上新CFA習題供大家練習。讓網校與您一起高效備考2021年CFA考試,夢想成真!
Questions 1:
Which of the following statements regarding the characteristics of money is correct?
A 、Compared to a barter economy, an economy in which money is the medium of exchange has more prices.
B 、Money as a medium of exchange depends on shared beliefs about its value.
C 、Money’s low value relative to its weight enhances wealth portability.
Questions 2:
If a central bank reduces the money supply, this move will most likely lead to a:
A、 rise in nominal interest rates and a decline in aggregate price level.
B 、rise in nominal interest rates and a rise in aggregate price level.
C 、decline in nominal interest rates and a rise in aggregate price level.
View answer resolution
【Answer to question 1】B
【analysis】
B is correct. For money to serve as a medium of exchange, economic agents must have a shared belief in its value and that it will retain its value. Without such shared beliefs, money would not be able to fulfill its role as a store of value, thereby jeopardizing its status as a medium of exchange.
A is incorrect because in its role as a unit of account, money drastically reduces the number of prices in an economy compared to a barter economy. In a barter economy, prices must be established for a good in terms of all other goods for which it might be exchanged.
C is incorrect because a high value (rather than low value) relative to its weight is a characteristic of money that enables it to serve as a medium of exchange. Money’s high value relative to its weight offers the convenience of wealth portability in fulfilling a variety of transaction needs.
【Answer to question 2】A
【analysis】
A is correct. A reduction in the money supply (leftward shift) leads to an increase in nominal rates. Furthermore, on the basis of the quantity theory of money, a reduced money supply makes money more valuable (thus a higher interest rate), which reduces aggregate price levels.
B is incorrect because a reduction in the money supply decreases, rather than increases, aggregate price levels.
C is incorrect because a reduction in the money supply will increase, rather than decrease, nominal interest rates.
成功=時間+方法,自制力是這個等式的保障。世上無天才,高手都是來自刻苦的練習。而人們經常只看到“牛人”閃耀的成績,其成績背后無比寂寞的勤奮。小編相信,每天都在勤奮練習,即使是一點點的進步,大家一定可以成為人人稱贊的“牛人”。
Copyright © 2000 - www.electedteal.com All Rights Reserved. 北京正保會計科技有限公司 版權所有
京B2-20200959 京ICP備20012371號-7 出版物經營許可證 京公網安備 11010802044457號
套餐D大額券
¥
去使用 主站蜘蛛池模板: 午夜精品久久久久99蜜 | 亚洲欧洲自拍偷拍 | 92久久 | 9191久久| 久久精品小视频 | 精品伊人久久 | av 一区二区三区 | 九九热精品在线 | 欧美黑人性视频 | 精品福利一区二区三区 | 99精品视频免费在线观看 | 亚洲一区二区免费 | 中文字幕高清av | avtt在线播放| 波多野结衣国产 | 国产成人99久久亚洲综合精品 | 精品成人一区二区三区 | 麻豆国产尤物av尤物在线观看 | 91大神新作在线观看 | 国产一区二区三区在线视频观看 | 国产中文在线 | 黄色不卡 | 亚洲一区在线观看视频 | 成人精品鲁一区一区二区 | 高清av在线 | 嫩草91| 国产在线播 | 亚洲成人xxx| 麻豆国产一区二区三区四区 | 美女又爽又黄网站视频 | 日韩免费高清 | 激情国产视频 | 国产区在线观看 | 国产精品久久久久久久久久久免费看 | 中文在线√天堂 | 热久久久久久 | 91成人免费 | 天天草天天干 | 欧美精品一二区 | 国产伦精品一区二区 | 成人免费视频播放 |