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[主观题]

Given US interest rates at 00% and Japanese interest rates at 00% for the same period, whe

re would the Interest Rate Parity Theory expect the USD/JPY exchange rate most likely to trend toward given a current spot exchange rate of 100? ______.

A.135.00

B.134.00

C.132

D.It cannot be determined

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更多“Given US interest rates at 00% and Japanese interest rates at 00% for the same period, whe”相关的问题

第1题

The balance of payments is a statistical record of all the economic transaction between re
sidents of the reporting country and residents of the rest of the world during a given time period. The usual reporting period for all the statistics included in the accounts is a year. A good or bad set of figures can have an influential effect on the exchange rate and can lead policy makers to change the content of their economic policies. Deficits may lead to the government raising interest rate or reducing public expenditure to reduce expenditure on imports. Alternatively, deficits may lead to calls for protection against foreign imports or capital controls to defend the exchange rate.

A key definition that needs to be resolved at the outset is that of a domestic and foreign resident. It is important to note that citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics. The term residents comprises individuals, households, firms and the public authorities. There are some problems that arise with respect to the definition of a resident. Multinational corporations are by definition resident in more than one country. For the purposes of balance - of - payments reporting the subsidiaries of a multinational are treated as being a resident in the country in which they are located even if their shares are actually owned by domestic residents. Another problem concerns the treatment of international organizations such as the International Monetary Fund, the World Bank, United Nations and so forth. These institutions are treated as being foreign residents even though they may actually be located in the reporting country. For example although the International Monetary Fund is located in Washington, contributions by the US government to the Fund are included in the US balance -of-payments statistics because they are regarded as transactions with a foreign resident. Tourists are regarded as being foreign residents if they stay in the reporting country for less than a year.

The criterion for a transaction to be included in the balance of payments is that it must involve a transaction between a resident of the reporting country and a resident from the rest of the world. Purchases and sales between residents from the same country are excluded.

What is the balance of payments?

A.The balance of payments is a digital table of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.

B.The balance of payments is a figured table of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.

C.The balance of payments is a statistical record of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.

D.The balance of payments is a digital record of all the economic transactions between residents of the reporting country and residents of the rest of the world during a given time period.

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第2题

For a given real interest rate, an increase in the inflation rate reduces the after-t

For a given real interest rate, an increase in the inflation rate reduces the after-tax real interest rate.()

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第3题

Aesthetics is that region in the land of science whose borders of investigation are know
n as experiences of beauty, and whose soil is particularly favorite for the production of a crop called art works. This【M1】______ land of beauty and art has been visited numerous times by intrepid explorers, the aestheticians, who have given accounts more or less details, but always enthusiastic, of their discoveries. In most instances,【M2】______ however, the explorers met a cold reception on their returning home,【M3】______ while the reports of their findings were neither scorned or severely【M4】______ criticized. Now since we are about to venture into this apparently hazard region, it will be most advisable that we acquaint ourselves【M5】______ with that has been and is being said about the aestheticians and their【M6】______ findings, examine the charges, and see who is in fault, the explorers【M7】______ or their critics. There must be a misunderstanding somewhere, for among the explorers are some of the greatest minds of the ages, while their critics are men whose serious interest in art is beyond the【M8】______ question. We must take this step at the very outset of our own adventure in order to fortify ourselves for several risks and hazards【M9】______ that a mental journey of this sort entails. Our purpose, then, in examining the charges of the critics against the aestheticians is simply find out the better what the aestheticians are truly trying to do【M10】______ for us. An examination of the charges will reveal to us the nature and objectives of aesthetics as a field of study and investigation.

【M1】

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第4题

A straight bond______.A.pays a rate of interest that is linked to an index, such as the ra

A straight bond______.

A.pays a rate of interest that is linked to an index, such as the rate of inflation

B.pays a fixed dividend lower than the market rate of interest

C.pays a variable rate of interest throughout its life

D.pays a fixed rate of interest throughout its life

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第5题

The discount rate is______.A.a freely fluctuating rate of interestB.a market-determined ra

The discount rate is______.

A.a freely fluctuating rate of interest

B.a market-determined rate of interest

C.an administered rate of interest

D.none of the above

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第6题

There is a lot of money to be made out of public interest in Nu shu.A.真B.假C.NOT GIVEN

There is a lot of money to be made out of public interest in Nu shu.

A.真

B.假

C.NOT GIVEN

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第7题

Which of the following is an interest in real property given to a lender as security for the repayment of a loan?()

A.lease

B.mortgage

C.life estate

D.easement

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第8题

()her interest in children,I am sure teaching is the right career for her.

A.To give

B.Giving

C.Given

D.Having given

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第9题

Describe the linkages among prices, exchange rates, interest rates and other variables acc
ording to the numbers given in the chart.Describe the linkages among prices, exchange rates

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第10题

听力原文:W: Professor Pierson, could you give us a brief introduction of the well-known ed
ucational system for adult students in Sweden?

M: Yes, in Swedish we call it "folkbildning"(Swedish word), which means the popular non-formal and voluntary educational system for all ages. Although it has been made known very recently, the system has, in fact, evolved over a hundred years. People in Sweden come together to study on their own conditions, to listen to lectures, and to take part in social and cultural events.

W: Do they have to register for a school course and sit for classroom teaching as well?

M: Not exactly. Those study groups are referred to as study circles, which are conducted by a larger body called study associations. It is the most typical form. of liberal adult education in Sweden. A small group of people meet regularly for a period of time, most often a night per week, to study a certain subject or theme, or to take part in a cultural activity. The circle consists of 5 to 12 participants, of whom one is the leader. In Sweden today, there are around 350, 000 study circles every year, with about 2 and a half million participants altogether. They also arrange more than 200,000 cultural events, with about 15 million participants or visitors.

W: This is really a large enrollment, given the total population in your country. But how are the study' circles supported? Do they get government grants or are they privately funded?

M: Liberal adult education in Sweden is largely financed by grants from the government, regional governments, and local councils. The parliament has laid down the aims and conditions for granting government support. The aims are to further individuals' own creativity, and broaden their interest in culture. Furthermore, priority should be given to such activities that aim at narrowing and bridging educational gaps, and that are geared towards those who are educationally, socially and culturally disadvantaged.

(39)

A.Five years.

B.Fifteen years.

C.Fifty years.

D.A hundred years.

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