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A "base" or "high-powered" money is distinguished from other types of money by the fact that it
A "base" or "high-powered" money is distinguished from other types of money by the fact that it
admin
2011-01-24
52
问题
A "base" or "high-powered" money is distinguished from other types of money by the fact that it
选项
A、always consists of central-bank liabilities
B、always consists of assets that can serve as commercial bank cash reserves
C、always consists of gold coin
D、must be a "fiat" money
答案
B
解析
答案为B项。base money“基础货币”,包括商业银行的存款准备金和社会大众所持有的通货。由于商业银行的存款准备金在货币供给的决定与变动中具有成倍扩张或收缩的作用,因此它又被称为“高能货币”(high-powered money)。基础货币区别于其他货币的特点是它包括了商业银行可以用作现金储备的那部分资产。故本题选B项。
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本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
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