2002 年

經濟 · 共 56 題 · 點擊選項即時核對答案

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21.

According to the equation of exchange, if money supply grows at the same rate as nominal income, we can conclude that

22.

Amy is an owner of a firm. Her liability to the firm is confined to her investment in the firm and she can transfer her ownership to anyone else without the consent of other owners. Based on the above information, the firm is a

23.

Study the following balance sheet of a banking system and answer question 21. Suppose the required reserve ratio is 25%.

Assets ($)Liabilities ($)
Reserves3 000Deposits8 000
Loans5 000

Newly printed bank notes worth $400 are issued resulting in a $200 increase in cash held by the non-bank public and a $1 000 increase in the money supply. The total amount of excess reserves in the banking system will be

24.

If a private limited company in Hong Kong is turned into a public limited company,

25.

The nominal interest rate and the expected inflation rate are 10% and 7% respectively. If the actual inflation rate returns out to be 12%, then the realized real rate of interest will be _________ and the real rate of return on holding cash will be _________.

26.

Mrs Chan, a large supplier of frozen beef, opens a chain of beef steak houses. To this supplier,

(1)the expansion is a vertical forward expansion.
(2)the risk of running a loss for her whole business will be lower.
(3)this can ensure a steady market outlet for her frozen beef.
27.

If the velocity of circulation of money is constant and the money supply increases by a fixed amount each year, which of the following diagrams shows the value of nominal income over time?

Question figure
28.

Which of the following is a general feature of a perfectly competitive market?

29.

Refer to the circular flows below:

Question figure

What of the following statements is correct?

30.

In order to calculate the gross national product of Hong Kong, which of the following items should be deducted from Hong Kong's gross domestic product (GDP) figure?

經濟 2002 年 DSE、CE、AL 選擇題(第 3 頁) | dselib