[简答题]European Central Bank

[单项选择]What plan will the fifteen European central banks adopt
A. Limit sales for the next five years
B. Cancel plans to sell 10 million ounces of its gold reserves
C. Increase new gold supplies to market

[填空题]

A — savings bank
B — central bank, national bank, banker’s bank
C — commercial bank
D — letter of credit
E — issuing bank, opening bank
F — favorable balance
G — commercial loan
H — confirming bank
I — paying bank
J — clearing bank
K — branch bank
L — trust company
M — credit department
N — national budget
O — self-service bank
P — construction bank
Q — industrial and commercial bank
R — bank of communications
S — bad debts
T — personal financing

（）商业银行（）信用证

[单项选择]If a central bank wants to implement expansionary monetary policy, how would the central bank use the following monetary tools Reserve Requirements Open Market Operations Discount Rate（）①A. Lower Buy additional government securities Lower ②B. Lower Sell previous purchased government securities Raise ③C. Raise Sell previous purchased government securities Raise
A. ①
B. ②
C. ③

[填空题]According to the Chinese central bank, people need not worry too much about risk of inflation in China.

[单项选择]If central bank actions caused the risk-free rate to increase, the cost of debt and equity capital would most likely: Cost of debt capital Cost of equity capital（）①A. increase increase ②B. increase decrease ③C. decrease increase
A. ①
B. ②
C. ③

[单项选择]What did the the US central bank do to stimulate the economy
A. It lent less money to people for buying houses.
B. It bought tens of billions of dollars of securities each month.
C. It bought equipment for businesses to expand and develop.
D. It worked hard to develop key sectors of the US economy.

[单项选择]AMERICA’S central bank sent a clear message this week. For the second consecutive meeting, the Federal Open Market Committee, the central bank’s policy-making committee, left short-term interest rates unchanged at 1.75%. But it said that the risks facing the economy had shifted from economic weakness to a balance between weakness and excessive growth. This shift surprised no one. But it has convinced many people that interest rates are set to rise again--and soon.
Judging by prices in futures markets, investors are betting that short-term interest rates could start rising as early as May, and will be 1.25 percentage points higher by the end of the year. That may be excessive. Economists at Goldman Sachs, who long argued that the central bank would do nothing this year, now expect short-term rates to go up only 0.75% this year, starting in June. But virtually everyone reckons some Fed tightening is in the offing.
The reason After an unprecedented 11 rate-cuts in 2001, short-te
A. Encouraged.
B. Panicked.
C. Confused.
D. Misguided.