第4单元金融考试题西南财经大学天府学院Word文件下载.docx
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supply
quantitysupplied
D
3)Whenthepriceofabondisabovetheequilibriumprice,thereisexcess________inthebondmarketandthepricewill________.
A)demand;
rise
B)demand;
fall
C)supply;
D)supply;
C
4)Whenthepriceofabondisbelowtheequilibriumprice,thereisexcess________inthebondmarketandthepricewill________.
5)Whenthepriceofabondis________theequilibriumprice,thereisanexcesssupplyofbondsandthepricewill________.
A)above;
B)above;
C)below;
D)below;
B
6)Whenthepriceofabondis________theequilibriumprice,thereisanexcessdemandforbondsandthepricewill________.
7)Whentheinterestrateonabondisabovetheequilibriuminterestrate,thereisexcess________inthebondmarketandtheinterestratewill________.
8)Whentheinterestrateonabondisbelowtheequilibriuminterestrate,thereisexcess________inthebondmarketandtheinterestratewill________.
9)Whentheinterestrateonabondis________theequilibriuminterestrate,thereisexcess________inthebondmarketandtheinterestratewill________.
demand;
supply;
D)above;
10)Whentheinterestrateonabondis________theequilibriuminterestrate,thereisexcess________inthebondmarketandtheinterestratewill________.
A)below;
B)below;
11)Whenthedemandforbonds________orthesupplyofbonds________,interestratesrise.
A)increases;
increases
B)increases;
decreases
C)decreases;
D)decreases;
12)Whenthedemandforbonds________orthesupplyofbonds________,interestratesfall.
13)Whenthedemandforbonds________orthesupplyofbonds________,bondpricesrise.
B)decreases;
D)increases;
14)Whenthedemandforbonds________orthesupplyofbonds________,bondpricesfall.
15)Factorsthatdeterminethedemandforanassetincludechangesinthe
A)wealthofinvestors.
B)liquidityofbondsrelativetoalternativeassets.
C)expectedreturnsonbondsrelativetoalternativeassets.
D)riskofbondsrelativetoalternativeassets.
E)alloftheabove.
E
16)Thedemandforanassetrisesif________falls.
A)riskrelativetootherassets
B)expectedreturnrelativetootherassets
C)liquidityrelativetootherassets
D)wealth
17)Thehigherthestandarddeviationofreturnsonanasset,the________theasset'
s________.
A)greater;
risk
B)smaller;
C)greater;
expectedreturn
D)smaller;
18)Diversificationbenefitsaninvestorby
A)increasingwealth.
B)increasingexpectedreturn.
C)reducingrisk.
D)increasingliquidity.
19)Inarecessionwhenincomeandwealtharefalling,thedemandforbonds________andthedemandcurveshiftstothe________.
right
left
20)Duringbusinesscycleexpansionswhenincomeandwealtharerising,thedemandforbonds________andthedemandcurveshiftstothe________.
21)Higherexpectedinterestratesinthefuture________thedemandforlong-termbondsandshiftthedemandcurvetothe________.
A)increase;
B)increase;
C)decrease;
D)decrease;
22)Lowerexpectedinterestratesinthefuture________thedemandforlong-termbondsandshiftthedemandcurvetothe________
left.
right.
23)Whenpeoplebegintoexpectalargestockmarketdecline,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
A)right;
B)right;
C)left;
D)left;
24)Whenpeoplebegintoexpectalargerunupinstockprices,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
25)Anincreaseintheexpectedrateofinflationwill________theexpectedreturnonbondsrelativetothaton________assets,andshiftthe________curvetotheleft.
A)reduce;
financial;
demand
B)reduce;
real;
C)raise;
D)raise;
26)Adecreaseintheexpectedrateofinflationwill________theexpectedreturnonbondsrelativetothaton________assets.
financial
real
27)Whentheexpectedinflationrateincreases,thedemandforbonds________,thesupplyofbonds________,andtheinterestrate________.
increases;
decreases;
C)increases;
28)Whentheexpectedinflationratedecreases,thedemandforbonds________,thesupplyofbonds________,andtheinterestrate________.
29)Whenbondpricesbecomemorevolatile,thedemandforbonds________andtheinterestrate________.
30)Whenbondpricesbecomelessvolatile,thedemandforbonds________andtheinterestrate________.
31)Whenpricesinthestockmarketbecomemoreuncertain,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
32)Whenstockpricesbecomelessvolatile,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
33)Whenbondsbecomemorewidelytraded,andasaconsequencethemarketbecomesmoreliquid,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
34)Whenbondsbecomelesswidelytraded,andasaconsequencethemarketbecomeslessliquid,thedemandcurveforbondsshiftstothe________andtheinterestrate________.
35)Factorsthatcausethedemandcurveforbondstoshifttotheleftinclude
A)anincreaseintheinflationrate.
B)anincreaseintheliquidityofstocks.
C)adecreaseinthevolatilityofstockprices.
D)alloftheabove.
E)noneoftheabove.
36)Factorsthatcausethedemandcurveforbondstoshifttotheleftinclude
A)adecreaseintheinflationrate.
B)anincreaseinthevolatilityofstockprices.
C)anincreaseintheliquidityofstocks.
E)onlyAandBoftheabove.
37)Duringaneconomicexpansion,thesupplyofbonds________andthesupplycurveshiftstothe________.
A)increases,left
B)increases,right
C)decreases,left
D)decreases,right
38)Duringarecession,thesupplyofbonds________andthesupplycurveshiftstothe________.
39)Anincreaseinexpectedinflationcausesthesupplyofbondsto________andthesupplycurvetoshifttothe________.
A)increase,left
B)increase,right
C)decrease,left
D)decrease,right
40)Whenthefederalgovernment'
sbudgetdeficitincreases,the________curveforbondsshiftstothe________.
41)Whenthefederalgovernment'
sbudgetdeficitdecreases,the________curveforbondsshiftstothe________.
42)Whentheinflationrateisexpectedtoincrease,theexpectedreturnonbondsrelativetorealassetsfallsforanygiveninterestrate;
asaresult,the________bondsfallsandthe________curveshiftstotheleft.
A)demandfor;
B)demandfor;
C)supplyof;
D)supplyof;
43)Whentheinflationrateisexpectedtoincrease,therealcostofborrowingdeclinesatanygiveninterestrate;
asaresult,the________bondsincreasesandthe________curveshi