首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Every country with a monetary system of its own has to have some kind of market in which dealers in bills, notes, and other form
Every country with a monetary system of its own has to have some kind of market in which dealers in bills, notes, and other form
admin
2011-05-16
23
问题
Every country with a monetary system of its own has to have some kind of market in which dealers in bills, notes, and other forms of short term credit can buy and sell. The "money market" is a set of institutions or arrangements for handling what might be called wholesale transactions in money and short term credit. The need for such facilities arises in much the same way that a similar need does in connection with the distribution of any of the products of a diversified economy to their final users at the retail level. If the retailer is to provide reasonably adequate service to his customers , he must have active contacts with others who specialize in making or handling bulk quantities of whatever is his stock in trade. The money market is made up of specialized facilities of exactly this kind. It exists for the purpose of improving the ability of the retailers of financial services—commercial banks, savings institutions, investment houses, lending agencies, and even governments—to do their jobs. It has little if any contact with the individuals or firms who maintain accounts with these various retailers or purchase their securities or borrow from them.
The elemental functions of a money market must be performed in any kind of modern economy , even one that is largely planned or socialist, but the arrangements in socialist countries do not ordinarily take the form of a market. Money markets exist in countries that use market processes rather than planned allocations to distribute most of their primary resources among alternative uses. The general distinguishing feature of a money market is that it relies upon open competition among those who are bulk suppliers of funds at any particular time and among those seeking bulk funds, to work out the best practicable distribution of the existing total volume of such funds.
In their market transactions, those with bulk supplies of funds or demands for them, rely on groups of intermediaries who act as brokers or dealers. The characteristics of these middlemen, the services they perform, and their relationship to other parts of the financial vary widely from country to country. In many countries there is no single meeting place where the middlemen get together, yet in most countries the contacts among all participants are sufficiently open and free to assure each supplier or user of funds that he will get or pay a price that fairly reflects all of the influences (including his own) that are currently affecting the whole supply and the whole demand. In nearly all cases, moreover, the unifying force of competition is reflected at any given moment in a common price (that is, rate of interest) for similar transactions. Continuous fluctuations in the money market rates of interest result from changes in the pressure of available supplies of funds upon the market and in the pull of current demands upon the market.
According to this passage, a money market
选项
A、provides convenient services to its customers.
B、has close contact with the individuals or firms seeking funds.
C、maintains accounts with various retailers of financial services.
D、is made up of institutions who specialize in handling wholesale monetary transactions.
答案
D
解析
关于“货币市场”的定义,可以通过第一段第二句中的“ne‘money market’.is a set of institutions or arrangements…”可知,该句的意思与D项一致。
转载请注明原文地址:https://kaotiyun.com/show/23xd777K
本试题收录于:
公共英语四级笔试题库公共英语(PETS)分类
0
公共英语四级笔试
公共英语(PETS)
相关试题推荐
Usuallypeoplecan’tfeelthechangeofthesociety.Fromgenerationtogenerationweliveinthesameframeoffamilyandstruc
Travelingcanbefunandeasy.Avacationtriptoanothercountryisespecially【21】______whenthetravelingconditionsareg
Travelingcanbefunandeasy.Avacationtriptoanothercountryisespecially【21】______whenthetravelingconditionsareg
TheOrganizationforEconomicCo-operationandDevelopment(OECD)conservativelyestimatesthat,by2005,worldwideelectronic
Directions:Amongalltheworthyfeelingsofmankind,loveisprobablythenoblest,buteveryonehashis/herownunderstandingo
Computersarenowbeingpushedintoschools.Weknowthatmultimediawillmake【21】______easyandfun.Childrenwillhappi
Whoislikelytobeleft-handed?
Almosteverybodywantstoliveaslongaspossible.Andgiventheenormousstridesmadeinmedicineandthehealthsciencesduri
Whatcanbeinferredfromthisspeech?
随机试题
小清新自有其审美情趣。忧伤、朦胧、淡淡,都是不同的风格。但从一些小清新的标志性语汇中,或许也能看出一种思想倾向:________的是一己的小思绪、________的是一方的小意境、________的是一人的小感伤……偏向于感性、偏向于个人、偏向于幻想,因而
红细胞造血功能障碍引起贫血,下列哪项是错误的
患者女性,32岁。近3个月来反复出现右下腹疼痛,呈钝痛,进餐后加重,便后有缓解。X线钡剂灌肠呈现钡影跳跃征象。以上表现支持下列哪种疾病诊断
男性,46岁。高血压病史10余年,不规律服用“硝苯地平、普萘洛尔”等药物,具体剂量不详,平素血压130~180/90~110mmHg之间,最高达190/120mmHg。查体:P100次/分,BP170/100mmHg,心浊音界向左下扩大,心尖部可闻及2/6
A.右上腹阵发性绞痛向右肩放射B.进食一疼痛一缓解,多无夜间痛C.疼痛一进食一缓解,多有夜间痛D.暴食后突然腹痛,疼痛剧烈而持续,可有阵发性加剧E.上腹部隐痛,进食后上腹部饱胀感
基金拆分主要包括()。
甲公司采用备抵法核算应收款项的坏账准备。按应收款项余额的5%计提坏账准备。2019年年度发生坏账56万元,收回上一年已核销的坏账20万元。2019年年末应收款项余额比2018年年末增加1200万元,则甲公司2019年年末应计提坏账准备的金额为()万
某公司2015年4月与部分员工发生如下业务:(1)辞退了在公司工作8年的甲某,辞退时公司给予甲某一次性补偿120000元,已知甲某月工资收入5000元,当地上年职工月平均工资为2200元。(2)在住房制度改革期间以外,支付80万元购进一套高级公
同一儿童能演算较抽象的数学题,但在理解历史事件时却不能离开具体的形象。这是儿童思维发展不平衡的表现。()(2014·河南)
Wirelesstechnologyhasquickenedthedevelopmentofmessagingsoftware,openingthemarkettoalotofdevicesforwebaccess.
最新回复
(
0
)