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
2016-11-17
31
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, ________.
选项
A、brokers usually perform the same kinds of services to their customers
B、brokers have little contact with each other
C、open competition tends to result in a common price for similar transactions at any given moment
D、changes in the pressure of available supplies of funds upon market tends to maintain a common price for similar transactions
答案
C
解析
由第二段的最后一句话,我们可以知道货币市场的一个分配特征就是依靠资金提供方和需求方内部之间的竞争,所以可以得出C项的结论。A和B项不符合文中的题意。D项货币市场的浮动并不只是取决于资金提供方,还有市场的需要这一因素。
转载请注明原文地址:https://kaotiyun.com/show/RtRd777K
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
ProperstreetbehaviorintheUnitedStatesrequiresanicebalanceofattentionandinattention.Youaresupposedtolookata
ProperstreetbehaviorintheUnitedStatesrequiresanicebalanceofattentionandinattention.Youaresupposedtolookata
Somepeoplebelievethatinternationalsportcreatesgoodwillbetweenthenationsandthatifcountriesplaygamestogetherthey
Learningdisabilitiesareverycommon.They【21】______perhaps10percentofallchildren.Scientistsnowknowthereareman
NewfiguresfromFrance,GermanyandItaly--thethreebiggesteconomiesinthe12-countryEurozone-suggestthecontinent’sec
Thetraditionaldistinctionbetweenproductsthatsatisfyneedsandthosethatsatisfywantsisnolongeradequatetodescribec
"Equalitybetweenwomenandmenisnolongeranegotiableissue."ThesearestrongwordsofGertrudeMongellaofTanzania,theS
Whatdoestheword"valentines"refertointhepassage?
Whydoesanewbornbabyhavetospendthefirstyearofhislifelearningtolisten?
Besidesclimatechange,developingcountrieslikeChinaneedtodealwithenergy【21】andenvironmentalissues:thedevelopmentof
随机试题
经胎盘进入胎儿心脏,引起新生儿心脏传导阻滞的自身抗体是与神经精神狼疮相关的抗体是
免疫组化技术的关键步骤是
有关钙磷的叙述,错误的是
A.下蹲时减弱,立位时增强B.上半身前倾坐位C.仰卧位深吸气D.右侧卧位E.左侧卧位听诊主动脉瓣关闭不全的舒张期杂音,应选取的体位是()
土地分类中的农用地类别下的二级类别有耕地、()、林地、牧草地、其他农用地。
文化对高等教育的影响。
根据所给材料。回答下列问题。在逻辑课堂上,为测试学生对知识的掌握程度,组织五位同学做趣味游戏。游戏规则如下:有五张卡片,其中三张卡片上是同一句话,另外两张卡片是另外一句相同的话,五位同学随机抽取卡片,然后要求他们转述所抽取卡片上的话,具体转述如下
下列关于宽带城域网技术的描述中,错误的是
关于视图和查询,以下叙述正确的是()。
A、Every6years.B、Every2years.C、Every4years.D、Wheneveronedies.A
最新回复
(
0
)