2005 年

經濟 · 共 59 題 · 點擊選項即時核對答案

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21.

Suppose the velocity of circulation of money is held constant. According to the equation of exchange, if the growth rate of money supply is smaller than that of the real gross national product (GNP), we can conclude that

22.

When a firm enjoys economies of scale, it is in the _________ and its __________ is decreasing.

23.

Study the following balance sheet of a banking system and answer Questions 19 and 20.

Assets ($)Liabilities ($)
Reserves2 000Deposits10 000
Loans7 000
Investment1 000

Suppose the banking system does not hold any excess reserve. The immediate effect(s) of a withdrawal of $500 cash from the banking system is/are

(1)the reserve shortage is $100.
(2)the money supply remains unchanged.
(3)the monetary base remains unchanged.
24.

The table below shows the production of Good X in a firm. Only two inputs are required in the production process.

Capital (Units)Number of WorkersAverage working hours of workers per dayTotal Output
210105 000
21094 900
21084 700
21074 400

Due to a fall in market demand, the firm reduces the output by cutting the working hours of the workers from 10 hours a day to 8 hours a day.

Based on the above information, we can conclude that

25.

Study the following balance sheet of a banking system and answer Questions 19 and 20.

Assets ($)Liabilities ($)
Reserves2 000Deposits10 000
Loans7 000
Investment1 000

After the credit contraction process is completed, the money supply will decrease by _________ and the monetary base will ___________.

26.

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

27.

When the velocity of circulation of money is constant, an increase in the money supply will lead to

28.

Which of the following descriptions about the shareholders and bondholders of a company is correct?

29.

When there is deflation,

30.

Which of the following is an advantage of general partnership over sole proprietorship?

經濟 2005 年 DSE、CE、AL 選擇題(第 3 頁) | dselib