题目内容
（请给出正确答案）
If the reserve requirement ratio were equal to zero, then______.
A．the deposit multiplier would be infinitely large
B．required reserves would be equal to zero
C．the banking system would theoretically be able to create an infinitely large amount of demand deposits
D．all of the above
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A、he wants them to be well prepared for the new century
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C、he sees the decline of America and has lost confdence in his own country
D、he believes Americans lack knowledge of China
A、that
B、what
C、whether
D、which
A、individual security risk.
B、riskless security risk.
C、risk related to the market portfolio
D、total standard deviations.
A、the expected return of the portfolio is less than the weighted average expected return of the stocks.
B、the expected return of the portfolio is greater than the weighted average expected return of the stocks.
C、the expected return of the portfolio is equal to the weighted average expected return of the stocks.
D、there is no relationship between the expected return of the portfolio and the expected return of the stocks.
A、positive as equityholders face a lower effective tax rate.
B、positive as the firms gain the tax shield on the debt interest.
C、negative because of the increased risk of default and fewer shares outstanding.
D、negative because of a reduction of equity outstanding.
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