权益工具（equity instrument)

Until now LIGO has ______.

A．never been turned on yet

B．been the biggest scientific instrument

C．done nothing to look for the gravitational waves

D．found no gravitational waves

告中数字的增加而同样快速地增加。假设一个巴西人买了一份美国国际权益基金，该基金将其客户的资金投入巴西的股市。那么巴西与美国的总的外国资产与负债会有什么变化？巴西与美国的国际多样化会发生什么变化？

In interpreting ratios such as those in Table 21-1，one must be cautions about drawing the conclusion that diversification is rising as rapidly as the numbers that are reported rise. Suppose a Brazilian buys a United States international equity fund， which places its clients' money in Brazil's stock market. What happens to Brazilian and U.S. gross foreign assets and liabilities？ What happens to Brazilian and U.S. international diversification？

he dollar change in stock market equity decreases the consuming expenditure.

A．Y

B．N

C．NG

资本回报率(return on equity，ROE)

净资产收益率(return on equity)

股权收益率(return 0n equity)

scribed as the following equation ______.

A．ASSETS - LIABILITIES + OWNER'S EQUITY

B．ASSETS - LIABILITIES = OWNER'S EQUITY

C．OWNER'S EQUITY = ASSETS + LIABILITIES

D．OWNER'S EQUITY = LIABILITIES - ASSETS

股票分拆上市(equity carve—outs)

效率、公平、稳定(efficiency，equity，stability)