第三章测试
1.Reserves are a central bank's liability and a commercial bank’s asset. ( )
A:对 B:错
答案:A
2.Excess reserves are extra cash held by a commercial bank and is therefore useless. ( )
A:错 B:对 3.Which of the following is not a function of central banks? ( )
A:To manage reserves. B:To regulate and supervise the banking industry. C:To ensure financial stability. D:To implement tax policies and fiscal policies. 4.Which of the following is/are a central bank's asset? ( )
A:Reserves. B:Currency in circulation. C:Loans to financial institutions. D:Government bonds. 5.Which of the following is an effect of an open market purchase by a central bank? ( )
A:The central bank’s government securities in holding increase. B:The central bank’s reserves increase. C:The central bank’s currency in circulation increases. D:The central bank’s loans to financial institutions increase.

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