单选题:根据下面资料,回答题 Every country with a monetary system of its own h

  • 题目分类:公共英语四级
  • 题目类型:单选题
  • 号外号外:注册会员即送体验阅读点!
题目内容:
根据下面资料,回答题
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 notordinarily take the form of a market. Money markets exist in countries that use market processesrather 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 amongthose who are bulk suppliers of funds at any particular time and among those seeking bulk funds, towork 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 ongroups of intermediaries who act as brokers or dealers. The characteristics of these middlemen, theservices they perform, and their relationship to other parts of the financial vary widely from countryto 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 eachsupplier 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 allcases, moreover, the unifying force of competition is reflected at any given moment in a commonprice (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.
The first paragraph is mainly about . A.the definition of money market
B.the constitution of a money market
C.the basic functions of a money market
D.the general feature of a money market

参考答案:
答案解析:

听录音,回答题 Why are we far from satisfied with our basic needs?

听录音,回答题 Why are we far from satisfied with our basic needs?A.Because we should

查看答案

如图所示,氢原子中的电子处于n=4的激发态上,它向较低能级跃迁时,可能辐射的电磁波的波长有(  )

如图所示,氢原子中的电子处于n=4的激发态上,它向较低能级跃迁时,可能辐射的电磁波的波长有(  ) A.3种 B.4种 C.5种 D.6种

查看答案

下列说法中错误的是(  )

下列说法中错误的是(  )A.铁跟氯化铜溶液反应,生成氯化亚铁和铜 B.铁跟盐酸反应,生成氯化亚铁和氢气 C.铁跟三氯化铁溶液反应,生成氯化亚铁 D.过量氯气跟

查看答案

将10mL0.01mol/L的盐酸加水稀释至lL,稀释后所得的盐酸的pH为__________。

将10mL0.01mol/L的盐酸加水稀释至lL,稀释后所得的盐酸的pH为__________。

查看答案

如图,一质量为m的木块静止在光滑水平地面上。现有一质量为的子弹以速度v0水平射入木块并滞留其中,则在这一过程中子弹动能的

如图,一质量为m的木块静止在光滑水平地面上。现有一质量为的子弹以速度v0水平射入木块并滞留其中,则在这一过程中子弹动能的减小量为(  )

查看答案