test

1、单选题：
‎If a bank has more rate-sensitive assets than liabilities, then a(n) _____ in interest rates will _____ bank profits‍
选项：
A: increase; increase
B: increase; reduce
C: decline; increase
D: decline; not affect
答案: 【 increase; increase】

2、单选题：
​Assuming that the average duration of its assets is four years, while the average duration of its liabilities is three years, then a 5 percentage point increase in interest rates will cause the net worth of First National to _____ by _____ of the total original asset value‍
选项：
A: decline; 5 percent
B: decline; 10 percent
C: decline; 5 percent
D: increase; 20 percent
答案: 【 decline; 5 percent】

test10

1、单选题：
‌Which of the following are reported as liabilities on a bank’s balance sheet?‌
选项：
A: Reserves
B: Checkable deposits
C: Loans
D: Deposits with other banks
答案: 【 Checkable deposits】

2、单选题：
‎Bank capital is listed on the _____ side of the bank’s balance sheet because it represents a _____ of funds‍
选项：
A: liability; use
B: liability; source
C: asset; use
D: asset; source
答案: 【 liability; source】

3、单选题：
‎Which of the following are reported as assets on a bank’s balance sheet?​
选项：
A: Discount loans from the Fed
B: Loans
C: Borrowings
D: Only (a) and (b) of the above
答案: 【 Loans】

4、单选题：
‏When you deposit $50 in currency at Old National Bank,‏
选项：
A: its assets increase by $50
B: its reserves increase by less than $50 because of reserve requirements
C: its liabilities decrease by $50
D: only (a) and (b) of the above occur
答案: 【 its assets increase by $50】

5、单选题：
‏  If a bank has $100,000 of deposits, a required reserve ratio of 20 percent, and it holds $30,000 in reserves, then it has enough reserves to support a deposit outflow of‎‏‎
选项：
A: $20,000
B: $11,000
C: $5,000
D: either (a) or (b) of the above
E: either (b) or (c) of the above
答案: 【 either (b) or (c) of the above】

6、单选题：
‏Banks that engage in off-balance-sheet activities may​
选项：
A: increase profits
B: reduce risk
C: increase risk
D: all of the above
E: both (a) and (b) of the above
答案: 【 all of the above】

exercise11

1、单选题：
‎State banks that are not members of the Federal Reserve System are most likely to be examined by the‍‎‍
选项：
A: Federal Reserve System
B: FHLBS
C: FDIC
D: Comptroller of the Currency
答案: 【 FDIC】

test11

1、判断题：
‌FDIC was created to prevent bank failures‎
选项：
A: 正确
B: 错误
答案: 【 正确】

2、判断题：
​People’s Bank of China is the only regulator of Chinese financial system.‌
选项：
A: 正确
B: 错误
答案: 【 错误】

3、判断题：
‏One problem of the too-big-to-fail policy is that it reduces the incentives for moral hazard by big banks‏
选项：
A: 正确
B: 错误
答案: 【 错误】

4、判断题：
‎  Financial consolidation poses challenges to banking regulation.‏‎‏
选项：
A: 正确
B: 错误
答案: 【 正确】

test

1、单选题：
‎A bank has no excess reserves and demand deposit liabilities of $100,000 when the required reserve ratio is 20 percent. If the reserve ratio is raised to 25 percent, the bank’s excess reserves will now be‎
选项：
A: $1000
B: -$1000
C: $5000
D: -$5000
答案: 【 -$5000】

2、单选题：
‍ If reserves in the banking system increase by $100, then checkable deposits will increase by $100 in the simple model of deposit creation when the required reserve ratio is‏
选项：
A: 1.00
B: 0.01
C: 0.10
D: 0.20
答案: 【 1.00】

3、单选题：
​If the required reserve ratio is 10 percent and the Fed increases reserves by $100, checkable deposits can potentially expand by​
选项：
A: $100
B: $250
C: $500
D: $1000
答案: 【 $1000】

test12

1、单选题：
​   Of the players in the money supply process, most observers agree that the most important player is​​​
选项：
A: banks
B: borrowers
C: depositors
D: central bank
答案: 【 central bank】

2、单选题：
‍Both _____ and _____ are monetary liabilities of the central bank‎
选项：
A: government securities; discount loans
B: currency in circulation; bank reserves
C: discount loans; bank securities
D: discount loans; currency in circulation
答案: 【 currency in circulation; bank reserves】

3、单选题：
​When the central bank sells $100 worth of bonds to the First National Bank, reserves in the banking system​
选项：
A: increase by $100
B: increase by more than $100
C: decrease by $100
D: decrease by more than $100
答案: 【 decrease by $100】

4、单选题：
​  If the central bank purchases securities from a bank, then‍​‍
选项：
A: reserves in the banking system increase
B: Central bank liabilities increase
C: Central bank assets increase
D: all of the above
答案: 【 all of the above】

5、单选题：
‏  When the Fed extends a $100 discount loan to the First National Bank, reserves in the banking system​‏​
选项：
A: increase by $100
B: increase by more than $100
C: decrease by $100
D: decrease by more than $100
答案: 【 increase by $100】

6、单选题：
‍If the central bank extends a $100 discount loan to a bank that previously had no excess reserves, deposits in the banking system can potentially increase by​
选项：
A: $10
B: $100
C: $100 times the reciprocal of the required reserve ratio
D: $100 times the required reserve ratio
答案: 【 $100 times the reciprocal of the required reserve ratio】

test

1、单选题：
‍The condition of a continually rising price level is defined as​
选项：
A: stagflation
B: disinflation
C: inflation
D: stagnation
答案: 【 inflation】

2、单选题：
‍Inflation occurs whenever‌
选项：
A: the price level rises
B: the money supply increases
C: the price level rises continuously over a period of time
D: none of the above occur
答案: 【 the price level rises continuously over a period of time】

test13

1、单选题：
‌The monetarists’ proposition that inflation is always and everywhere a monetary phenomenon holds only if‍‌‍
选项：
A: government budget deficits do not rise continually
B: the unemployment rate does not rise continually
C: the price level rises continually
D: the government does not experience more than one negative supply shock per decade
答案: 【 the price level rises continually】

2、单选题：
‏Evidence strongly supports the view that countries with high inflation also have‎
选项：
A: the lowest nominal interest rates
B: the highest rates of money growth
C: the smallest budget deficits
D: the lowest interest rates
答案: 【 the highest rates of money growth】

3、单选题：
​Countries with the highest inflation rates are likely to have‏
选项：
A: the highest rates of money growth
B: small budget deficits relative to GDP
C: the lowest interest rates
D: all of the above
答案: 【 the highest rates of money growth】

4、单选题：
‍ A one-time increase in the money supply‍‍‍
选项：
A: is synonymous with inflation
B: cannot cause inflation
C: leads to an increase in the price level
D: results in both (b) and (c) of the above
答案: 【 results in both (b) and (c) of the above】

5、单选题：
‍Factors other than money growth that can generate an inflation in monetarist analysis include: ‍
选项：
A: an increase in government spending
B: a tax reduction
C: an increase in net exports
D: none of the above
答案: 【 none of the above】