【正文】 ibes the Reserve?（Responsible for monetary policy/money supply） is the basic purpose of profits in our market economy?（Lead businesses to produce what consumers want） of the following will NOT cause a shift in the demand for baseballs?(An increase in the price of baseballs) returns to scale may arise from(Inefficiencies in management) the marginal rate of technological substitution(MRTS)is more than the price ratio of labor over capital(w/r), then to minimize cost the firm should Decrease the input of capital and increase the input of price of a good changes, both the substitution effect and the ine effect reinforce each other, then the good is a(n)(Normal good) market is the Most in need of the advertising?(Competitive monopoly market) economist Modigliani’s lifecycle hypothesis is that:(Work time after retirement savings for the consumer finance) to the rules of debit and credit for balance sheet accounts:(Decreases in asset and liability accounts are recorded by credits) will accept the medium of exchange in return for goods and services only if they are confident that:(They can exchange it for gold) prices of meat products in a petitive market are determined by:(Supply and demand) one of the following is most likely to improve the wages of American workers?(An increase in productivity)二、閱讀題（一共5題，每題4分，共20分）Reading A:Laura James is the head portfolio manager for national Fund an industry exhibits tendencies of “regression toward the mean.”This could mean all of the following EXCEPT:（Profits increase as firms enter the industry） a recessionary environment, an automaker such as Ford would be expected to:（Produce lower end vehicles） domestic automakers are growing at a rate of –2%.Ford expects to increase its market share by %.What is Ford’s growth rate?（–%）(1 + growth of firm sales)=(1 + growth of industry sales)x(1 + fractional change of market share)= x = Growth of firm sales = –% instead that Ford’s growth of firm sales is expected to be –3% and the growth of industry sales is 1%.What is Ford’s expected change in market share?（4%） = x(1 + x) = 1 + x–% = x of the following scenarios would be most likely to have a positive impact on Ford’s market share?（An increase in its marketing budget）Reading B:Liquidity is a measure of how quickly an item may be converted to assets are all assets other than current assets.(Doesn’t say) are less liquid than accounts receivable, and furniture and buildings are even less so.(Right) are interested in liabilities on the balance sheet because it is relatively liquid.(Wrong)Reading C:Whereas the money markets provide very shortterm loans, the capital market takes account of medium and longterm industrial corporate can meet its financial needs by seeking funds from the capital markets.(Right) a private business usually obtains its working capital through a mercial bank.(Wrong) the UK mercial banks often raise funds by issuing bands and stocks.(Doesn’t say)三、簡答題（一共8題，每題5分，共40分）需要先把題目翻譯成中文，用英語回答內(nèi)容。第十六行To resolve this issue…each day。LIBOR（定義，上升、下降會(huì)帶來什么）P18第二段和P19倒數(shù)第三段、第二段TED（定義，增大、縮小會(huì)帶來什么）P20第二段、第四段、第五段OIS（這部分記得有點(diǎn)混亂。deed of agreement轉(zhuǎn)讓協(xié)議preadvice預(yù)通知due dilligence盡職調(diào)查（DD）IBAN國際銀行賬號(hào)（International bank Account Number）SWIFT 全球銀行間金融通信社（Society for Worldwide Financial Telemunication）FATF金融行動(dòng)特別工作組（Financial Action Task Force）MTN中期票據(jù)（medium term note）POF資金證明（proof of funds）bank coordinates 銀行坐標(biāo)payment order 支付令，付款通知treasury bill國債，國庫券call option購買選擇權(quán)，看漲期權(quán)，買入期權(quán)，延買期權(quán)l(xiāng)egal advisor 法律顧問legal firm律師事務(wù)所penalty of perjury 偽證罪tear sheet銀行聲明；樣張(尤指有廣告的一頁，送給廣告客戶以證明廣告已登出)force majeure 不可抗力international chamber of merce國際商會(huì)（ICC）noncircumvention and nondisclosure 保密原則（NCND）hongkong and shanghai banking corporation 匯豐銀行（HSBC）nonsolicitation letter誠信契約書board of directors corporate resolution董事會(huì)決議whereas鑒于