【单选题】What does the statement " sales is the principal budget factor" mean?
A.
The level of sales will determine the level of cash at the end of the period.
B.
The level of sales will determine the level of profit at the end of the period.
C.
The company's activities are limited by the level of sales it can achieve.
D.
Sales is the largest item in the budget.
【单选题】When interest rates rise, borrowers of______may suffer from financial hardship. As a result, borrowers tend to prefer______.
A.
insured mortgages…conventional mortgages
B.
ARMs... fixed-rate mortgages
C.
zero down payment mortgages…amortized mortgages
D.
fixed-rate mortgages... ARMs
【单选题】When interest rates fall,______.
A.
bond prices are likely to fall by a greater amount
B.
stock prices are likely to fall
C.
bond prices are likely to fall by an equal amount
D.
stock prices are 1ikely to rise
【单选题】When interest rates increase, the price of______.
A.
short-term bonds increases less than the decrease in the price of long-term bonds
B.
long-term bonds decreases more than the increase in the price of short-term bonds
C.
short-term bonds decreases less than the decrease in the price of long-term bonds
D.
short-term bonds decreases more than the decrease in the price of long-term bonds
【单选题】Observations of the yield curve suggest that when interest rates are high and investors expect interest rates to fall, the yield curve will have a(n)
【单选题】In China,the statement "Yes,it might be difficult."probably means"______".
D.
It is really difficult
【单选题】(Para.3) Which of the following statement is correct concerning the understanding of the sentence "it is difficult to believe that you are walking among human beings"?
A.
There are no humans in the city.
B.
People are not treated as humans in the city.
C.
People are just like animals in the city.
【简答题】已知,|x|=5,y=3,则x-y=( )