經濟 1996 年 DSE、CE、AL 選擇題（第 5 頁）

41.

Mr. Chan paid $200 000 in cash to buy from Mr. Wong a certificate of deposit issued by a deposit-taking company. Mr. Wong then deposited this $200 000 into his savings account. The immediate effects are

(1)M1 decreases by $200 000

(2)M2 remains unchanged

(3)M3 increases by $200 000

42.

Arrange the following bank assets in descending order of liquidity:

(1)loans and advances

(2)deposits with other banks

(3)real estates owned by the bank

43.

If the government greatly increases the salaries tax rate to finance the provision of more public assistance to the unemployed,

44.

A Japanese electronics firm produces and sells its products in Hong Kong. Therefore, it has to pay profits tax to the Hong Kong government. Hong Kong is applying the

45.

Which two of the following diagrams describe a progressive tax?

46.

Refer to the following diagram of an economy:

During the period 1980 to 1995, which of the following can be concluded from the above diagram?

47.

Which of the following will lead to a more uneven income distribution?

48.

Suppose that inflation occurs and that money income increases at the same rate as inflation. A taxpayer under a proportional tax system will pay

(1)a larger amount of tax.

(2)the same amount of tax.

(3)more tax in terms of purchasing power.

(4)the same amount of tax in terms of purchasing power.

49.

Which of the following statements is true about progressive tax in Hong Kong?

50.

Given a unit of input, the amount of output produced by Countries A and B are shown below:

	Garment (units)		Shoes (units)
Country A	2	OR	6
Country B	4	OR	8

Which of the following is/are true?

(1)The opportunity cost of producing shoes in Country B is lower than that of Country A.

(2)Country B enjoys absolute advantage in the production of both goods.

(3)If trading opportunities were opened up, Country B would export garment and import shoes.