2. Which of the following is NOT consistent with the events leading up to the 2007-2009 financial crisis.
(A)Increasing Leverage
(B)Increasing House Price
(C)Decreasing Equity
(D)Increasing Debt

38 有關公司宣告發放股票股利之敘述何者正確？ (A) 宣告後公司股東權益總額不變 (B) 宣告後公司保留盈餘總額不變 (C) 宣告後公司投入資本總額不變 (D) 宣告後公司每股面值下降

39 和平公司 91 年初發行並流通在外普通股為 50,000 股，除在 10 月 1 日現金增資 12,000 股外，普通股股數 未再有其他變動，則該公司計算 91 年度每股盈餘時，其加權平均流通在外股數應為： (A) 62,000 股 (B) 59,000 股 (C) 53,000 股 (D) 50,000 股

40 支付利息費用在現金流量表中屬於何種項目： (A) 營業活動 (B) 融資活動 (C) 投資活動 (D) 視情況為營業或投資活動

1. If the central bank pursues to maintain income constant, an expansionary fiscal policy must be accompanied by_______monetary policy， and the central bank must allow interest rate to_______significantly. (A)an expansionary, rise (B)an expansionary, fall (C)a contractionary, rise (D)a contractionary,fall

3. Which of the following event increases natural rate of unemployment? (A)Decrease in Government Spending (B)Increase in Real Money Supply (C)Formation of a Business Cartel (D)Weakening of Labor Union

4. Countries A and B are identical in all aspect, except that A is an open economy while B is a closed economy. The government in both countries decide to increase spending. Assume that prices are fixed.How does the resulting change in GDP differs. (A)GDP increases in B but decreases in A (B)GDP increases in both countries, but more so in A (C)GDP increases in both countries, but more so in B (D)GDP increases in both countries, by the same amount

5. When a nation's current account deficit exceeds its financial account surplus, the overall _________in the "balance of payments outcome" means that the nation's central bank is _________ foreign central banks. (A)surplus, lending to (B)surplus, borrowing from (C)deficit, lending to (D)deficit, borrowing from monetary policy,

6.Which of the following would result in a real appreciation of the United States Dollar with respect to the New Taiwan Dollar? (A)Increase in US Dollar per New Taiwan Dollar nominal exchange rate (B)Increase in Price Index of Taiwan (C)Increase in Price Index of United States (D)None of the Above

7. Which of the following would contribute towards an increase in debt/output ratio, all other things equal. Assume that nominal interest rate is fixed and there is no Seigniorage. (A)Slower Inflation (B)Faster Real Output Growth (C)Decreased Government Spending (D)None of the Above

8. Country A is a small open economy. An external shock led to the immediate appreciation of its currency with respect to the United States pollar. Investor's expectations are not affected.What happens to interest rate in Country A. (A)Increase (B)Decrease (C)Unchanged (D)Uncertain