单选题 Washington March 15 - The administration of President Carl Arling today predicted another six months of slow GNP growth and rising inflation. Chief economic advisor to the president, Walter Abel, told a news conference that in- creased foreign competition, rising prices for raw materials, and high interest rates would hold economic growth to less than 3% for the year with inflation rising above 7%. Abel said, however, that administration programs to restructure the economy would begin bearing fruit toward the end of the year and that growth in the gross national product would turn sharply upwards in the last quarter. He also said that the administration of President Arling was determined to increase investment in high technology industries, upgrade aging plant equipment in heavy industry, and encourage workers to increase productivity. Abel admitted that high interest rates threatened the strategy, but warned that any action to artificially lower interest rates risked fueling even greater inflation. "We are still recovering from the recession caused by the previous administration and attempts to force the pace of recovery could be dangerous," he said.

单选题A production function for a firm describes: ()

单选题Customers trading abroad in foreign currencies may protect against the exchange risk by arranging ______. A. a contract of international sale of goods B. a contract of marine insurance C. a forward contract to fix the exchange rate in advance D. contract for the delivery of goods by installment

单选题______ must make his instructions to ______ clear in his collection order. A. The remitting bank; the collecting bank B. The principal; the drawee C. The principal; the remitting bank D. The drawee; the collecting bank

单选题If a company had 120,000, 4% preference shares of ＄1 each and 250,000 ordinary shares of ＄ 1 each, then the dividends would be payable as follows: Year 1 Year 2 Year 3 Year 4 Year 5 ＄ ＄ ＄ ＄ ＄ Total Profits appropriated for dividends 7,000 3,000 20,000 4,000 5,000 Required: (a)If the preference shares are cumulative, non-participating, calculate the preference dividends and ordinary dividends in each year. (b)If the preference shares are cumulative, participating, calculate the preference dividends and ordinary dividends in each year.

单选题How much is the present value of a property paying ＄300 per year if the interest rate is 6%? (a)＄300 (b)＄283.01 (c)＄319.15 (d)＄5000

单选题None of the 'following statements is true except ______.

单选题When one country's potential GDP is higher than its real GDP, this means ______. (a)its exports are higher than its imports. (b)inflation is getting worse. (c)there exists some unemployment. (d)None of the above.

单选题A single bank may not be able or willing to extend loans of large amount partly because of ______.

单选题A cheque crossed" account payee" ______. A. can only be accepted for the account of the named payee B. can be accepted for the credit of an account other than that of the named payee provided the collecting bank makes enquiries C. prevents negotiation of the cheque and, therefore, has the same effect as a "notnegotiable" crossing D. is an example of a special crossing

单选题A.Thosewhohavelargesumofmoneyathome.B.Thosewhowillbeawayforalongtime.C.Thosewhowillstayatthebankforalongtime.D.Thosewhowilldepositalargesumofmoneyforalongtime.

单选题What is the name of the document which can make a buyer feel confident that goods are of a certain standard? ______. A. Certificate of origin B. Commercial invoice C. Insurance policy D. Inspection certificate

单选题Which of the following scenarios would be most likely to have a positive impact on Ford’s market share? （　　）

单选题What is the minimum liquidity ratio a bank is required to have?

单选题The owner's equity is ______.

单选题Which of the following goods is likely to have the most elastic demand? ( )

单选题Liabilities are ______.

单选题ABC company is the beneficiary of a confirmed irrevocable letter of credit. bank (s) will assure the company that it will be paid.

单选题Eva, Francis and Gigi have been in business for many years. They have always shared profits and losses equally. No goodwill account has been created in the books. On 1 January Year 7 they agree that Henry will join the partnership. Henry pays ＄25,000 as his contribution. They agree to share profits and losses equally. The Net Assets before Henry's admission is $ 60,000. After Henry's admission, the goodwill is equal to ______. (a)＄15,000. (b)＄5,000. (c)＄35,000. (d)＄20,000.

单选题A.cashB.notesandcoinsC.recordedelectronicfunds-transfersystemD.papergold