练习：ChoosetheBestAnswer[4]
文章作者 100test 发表时间 2008:05:28 09:43:13
来源 100Test.Com百考试题网
1. Commercial paper ______.
A. is issued mainly by commercial banks
B.can be either short or long-term debt
C. is most typically issued in very short maturities, such as one or two months
D. ought to be considered a capital market instrument
2. The expectations hypothesis assumes that investors regard bonds of different maturities .
A. as perfect substitutes
B. as not substitutes at all
C. as substitutes, but not perfect substitutes
D. none of the above
3. If the yield on Treasury bills falls from 5.27% to 5.22%, then the yield will decrease by ______ basis points.
A. 0.05
B. 0.5
C. 5
D. 50
4. Liquidity of a business is measured by ______.
A. the rate of return on owner equity
B. the ratio of total revenue to total expenses incurred
C. the ratio of current assets to current liabilities
D. the ratio of income to costs
5. Which of the following is an example of an automatic stabilizer? ______.
A. A change in intere
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