One reason is that financial markets ______ quickly to policy changes.
A: actuate
B: react
C: activate
D: reactivate
A: actuate
B: react
C: activate
D: reactivate
举一反三
- People are likely to repond to a policy change A: only if they think the policy is a good one B: only if the policy change changes the benefits of their behavior C: only if the policy change changes the costs of their behavior D: only if the policy change changes either the costs or benefits of their behavior
- The goals of monetary policy include A: output stability B: maintenance of the gold standard C: stability of the financial markets D: all of the above
- Concerning efficient financial( including derivative) markets, the most appropriate description is that() A: it is often possible to earn abnormal returns. B: the law of one price holds only in the academic literature. C: arbitrage opportunities rarely exist and are quickly eliminated.
- The goals of monetary policy include: A: output stability B: price stability C: stability of the financial markets D: all of the above E: both (b) and (c) of the above
- Now Wuhan is an important financial center in Central China, one of the three biggest fund markets in China.