曼昆经济学原理宏观第五版测试题库

Chapter 26Chapter 26 Saving, Investment, and the Financial SystemSaving, Investment, and the Financial System TRUE/FALSETRUE/FALSE 1.The financial system coordinates investment and saving, which are important determinants of long-run real GDP. ANS:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Investment | SavingMSC: Definitional 2.When economists refer to investment, they mean the purchasing of stocks and bonds and other types of saving. ANS:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Investment | SavingMSC: Definitional 3.Banks and mutual funds are examples of financial markets. ANS:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Financial intermediaries | Financial marketsMSC: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:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Bonds | StockMSC: Definitional 5.Most entrepreneurs finance their purchases of real capital using their past saving. ANS:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:InvestmentMSC: 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:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Saving | InvestmentMSC: Interpretive 7.Lenders sell bonds and borrowers buy them. ANS:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:BondsMSC: 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:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Bonds | StockMSC: Definitional 9.Other things the same, corporate bonds generally feature higher interest rates than U.S. government bonds. ANS:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:BondsMSC: Definitional 10.The sale of either stocks or bonds to raise money is known as equity finance. ANS:FDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Bonds | StockMSC: Definitional 11.When a corporation experiences financial problems, bondholders are paid before stockholders. ANS:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:Bonds | StockMSC: Definitional 12.Corporations receive no proceeds from the resale of their stock. ANS:TDIF:1REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions of economics TOP:StockMSC: Definitional 13.Generally, if people begin to expect a company to have higher future profits, the price of the company’s stock will begin to decrease. ANS:FDIF:2REF:26-1 NAT:AnalyticLOC:The Study of economics, and definitions o