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
2019-01-11
45
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.
Which of the following statements about a money market is NOT true according to this passage?
选项
A、Money market does not exist in. planned economies.
B、Money market has been established in some socialist countries.
C、Money market encourages open competition among bulk suppliers of funds.
D、Money market relies upon market processes to distribute funds to final users.
答案
A
解析
根据第二段第一句我们可以知道,货币市场也存在于计划经济中,所以A项的表述是错误的。
转载请注明原文地址:https://kaotiyun.com/show/xpRd777K
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
Bythe1820’sintheUnitedStates,whensteamboatswerecommononwesternwaters,theseboatsweremostlypoweredbyenginesbu
Cellphonesarenowessentialtomillionsofpeopleasaconvenientformofcommunication.Thefollowingchartshowstheuseof
When18-year-oldJonAnglesethissightsona$5,000motorcyclelastmonth,hewasdeterminednottoletalittlethinglikela
Amultinationalcorporationisacorporateenterprise,whichthoughheadquarteredinonecountry,conductsitsoperationsthrou
TheReaderhaslongbeentheblacksheepoftheEFL(EnglishasForeignLanguage)classroom.61)TeacherseitherignoreReaders,
Broadlyspeaking,theEnglishmanisaquiet,shy,reservedpersonwhoisfully【21】______onlyamongpeopleheknowswell.In
ThepeoplemostlikelytogethookedinInternetare______.
Whatcropsdoesthefarmergrow?
Whatcropsdoesthefarmergrow?
PolicemanJamesleftthestationjustafter8:30a.m.onSundayJuly5.Hehadspentaquietnightondutyandwaslookingforw
随机试题
血液中CO2浓度对呼吸的调节主要是通过
X线检查右膈升高,动度受限,有助诊断下列哪项外伤()
A.散点图B.线图C.圆图D.直方图E.统计地图地区性资料,用不同纹线或颜色代表指标高低,说明地域分布,应绘制
配对设计时对两组均数的差别作假设检验,则
A、盖嵴式B、改良盖嵴式C、圆球式D、圆锥式E、悬空式上前牙缺失,固定义齿桥体龈端的形态是
A.蟾酥中毒症状B.乌头类中毒症状C.黄药子中毒症状D.马钱子中毒症状E.雄黄中毒症状疏风定痛丸服用过量可引起()。
根据下列资料,回答下题。2011年浙江省资质以上总承包和专业承包建筑业企业(下同)完成建筑业总产值14686亿元,比上年同期增长22.3%。全年浙江省建筑业企业签订合同额26197亿元,其中本年新签合同额16468亿元,分别增长28.4
一、注意事项1.本题本由给定资料与作答要求两部分组成。考试时间为150分钟。其中。阅读给定资料参考时限为40分钟。作答参考时限为110分钟。满分100分。2.请在题本、答题卡指定位置上用黑色字迹的钢笔或签字笔填写自己的姓名和准考证号,并
Onwhatdayoftheweekwillthemagazinearrive?
Acommonresultofbeingfrustratedisanactofaggression,sometimesviolent.Tobealiveistohaveagoalandpursueit—anyt
最新回复
(
0
)