【国际经济学专题考试试卷二十六】Saving, Investment, and the Financial System
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Chapter 26
Saving, Investment, and the Financial System
TRUE/FALSE
1. The financial system coordinates investment and saving, which are important determinants of long-run real
GDP.
ANS: T DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Investment | Saving MSC: Definitional
2. When economists refer to investment, they mean the purchasing of stocks and bonds and other types of saving. ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Investment | Saving MSC: Definitional
3. Banks and mutual funds are examples of financial markets.
ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Financial intermediaries | Financial markets MSC: Definitional
4. When a firm wants to borrow directly from the public to finance the purchase of new equipment, it does so by
selling shares of stock.
ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Bonds | Stock MSC: Definitional
5. Most entrepreneurs finance their purchases of real capital using their past saving.
ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Investment MSC: Definitional
6. Other things the same, the higher the rate of saving and investment in a country, the higher will be the
standard of living.
ANS: T DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Saving | Investment MSC: Interpretive
7. Lenders sell bonds and borrowers buy them.
ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Bonds MSC: Definitional
8. When a firm wants to borrow directly from the public to finance the purchase of new equipment, it does so by
selling bonds.
ANS: T DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Bonds | Stock MSC: Definitional
9. Other things the same, corporate bonds generally feature higher interest rates than U.S. government bonds. ANS: T DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Bonds MSC: Definitional
10. The sale of either stocks or bonds to raise money is known as equity finance.
ANS: F DIF: 1 REF: 26-1
NAT: Analytic LOC: The Study of economics, and definitions of economics
TOP: Bonds | Stock MSC: Definitional
1742