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: 久久久免费毛片 | 亚洲成人一区二区 | 91亚洲国产成人久久精品网站 | 久久久穴 | 国产视频久久久久久久 | 狠狠搞狠狠搞 | 91看片国产 | 免费国产在线视频 | 美日韩一区 | 欧美午夜一区二区三区 | 国产精一区 | 热99 | 天天操天天干天天 | 黄色三级在线观看 | 日韩在线看片 | 综合在线国产 | 国产精品成人自拍 | 亚洲最大成人av | 日韩国产精 | 欧美性大战久久久久久久蜜臀 | 亚洲欧美成人网 | 日本在线视频一区二区三区 | 国产精品久久久久久久午夜 | 国产精品久久久久久久久久久久冷 | 偷偷操网站| 男女爱爱免费视频 | 麻豆亚洲| 久久国产精品99久久久大便 | 日韩欧美一区二区在线 | 青草一区 | 国产精品久久久久久久久久久久久久 | 亚洲精品在线视频观看 | 99精品视频在线观看免费播放 | 日韩一区二区精品 | 亚洲精品福利视频 | 欧美一区二区三区在线播放 | 最近最好最新2019中文字幕免费 | 国产精品一区av | 在线观看视频免费播放 | 日韩久久久 | 国产精品毛片久久久久久久 |