經濟 2002 年 DSE、CE、AL 選擇題（第 5 頁）

41.

Which of the following statements about money are correct?

(1)The purchasing power of money will remain unchanged in times of deflation.

(2)A wider use of electronic money will reduce the cash held by the public.

(3)Money helps people to accumulate their purchasing power.

42.

Answer Questions 35 and 36 by referring to the following balance sheet of a banking system which has an excess reserve of $200.

Assets ($)		Liabilities ($)
Reserves	500	Deposits	1 200
Loans	700

The required reserve ratio is

43.

Answer Questions 35 and 36 by referring to the following balance sheet of a banking system which has an excess reserve of $200.

Assets ($)		Liabilities ($)
Reserves	500	Deposits	1 200
Loans	700

Suppose someone has withdrawn $250 from the banking system. As a result, what would the maximum possible amount of bank deposits be?

44.

Which of the following will reduce the deposit creation ability of the banking system?

(1)an increase in the use of credit cards by the public

(2)an increase in the amount of cash held by the public

(3)an increase in the legal reserve requirement for banks

45.

Assume the whole banking system does not hold excess reserves and the required reserve ratio is 20%. If a person withdraws $100 from a bank,

46.

Suppose the government of an economy announces that the people will have to pay a general sales tax of 2% of the selling price when they purchase any goods and services. The government also launches a series of programmes to make sure that the public understands the new tax. Which of the following taxation principles is illustrated by the above measures of the government?

47.

If a general sales tax is introduced in Hong Kong,

48.

According to the above graph, the ratio of G to GDP is

49.

Suppose the government of an economy cuts the salaries tax allowance by 10% while both the wage rates and the general price level in the year fall by 5%. It follows that

50.

Tobacco duty in Hong Kong is a kind of