A: grew by 1.5 percent.
B: decreased by 1.5 percent.
C: grew by 8 percent.
D: decreased by 8 percent.
举一反三
- In which of the following situations would you prefer to be making a loan? A: The interest rate is 9 percent and the expected inflation rate is 7 percent. B: The interest rate is 4 percent and the expected inflation rate is 1 percent. C: The interest rate is 13 percent and the expected inflation rate is 15 percent. D: The interest rate is 25 percent and the expected inflation rate is 50 percent.
- According to a study finished in 2011, what percent of the groundwater in cities was polluted? A: Over 90 percent. B: 20 percent. C: 64 percent.
- If the value of a piece of property decreases by 10 percent while the tax rate on the property increases by 10 percent, what is the effect on the taxes ？（） A: Taxes increase by 10 percent. B: Taxes increase by 1 percent. C: There is no change in taxes. D: Taxes decrease by 1 percent. E: Taxes decrease by 10 percent.
- Assume the following data: Risk-free rate = 4.0 percent; average risk premium = 7.7 percent. Calculate the required rate of return for the risky asset. A: 5.6 percent B: 7.6 percent C: 11.7 percent D: 30.8 percent
- A firm is expected to pay a dividend of $1.00 next year and the dividend is expected to grow at a constant rate of 4 percent over time. Some investors have required returns on investments in equity of 12 percent, some 10 percent, and some 8 percent. The market price of this firm’s stock will be slightly above _________.
内容
- 0
For years Japan’s (economic) _____________ grew at a rate below one percent.
- 1
If the dollar interest rate is 10 percent, the euro interest rate is 6 percent, then an investor should be indifferent between dollars and euros if the expected dollar depreciation against the euro is 4 percent.
- 2
A three-year bond with 10 percent coupon rate and $1,000 face value yields 8 percent. Assuming annual coupon payments, calculate the price of the bond. A: $857.96 B: $951.96 C: $1,000.00 D: $1,051.54
- 3
选出与下列中文匹配的英文：我们可以给你打9折。（ ） A: We’ll offer you a discount of 9 percent. B: We’ll grant you a discount of 10 percent. C: We’ll offer you a discount of 90 percent. D: We’ll give you a 10 percent discount.
- 4
According to the assumptions of the quantity theory of money, if the money supply decreases by 7 percent, then A: nominal and real GDP would fall by 7 percent. B: nominal GDP would fall by 7 percent; real GDP would be unchanged. C: nominal GDP would be unchanged; real GDP would fall by 7 percent. D: neither nominal GDP nor real GDP would change.