题目内容

The credit card serves as a medium of exchange in the wide range of transactions.

A. Right.
B. Wrong.
C. Doesn't say.

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We can learn from the second part of the passage that there are some equations of market which can explain the demand and supply of the currency of a country.

A. Right.
B. Wrong.
C. Doesn't say.

Which of the following statements is False according to the text?

A. Competition is gradually forcing banks to question their identity.
B. Most of the different activities done by banks could be done by other types of institution.
C. Regulations in America and Japan are preventing commercial banks from getting into the securities business.
D. Separating the commercial and investment banking activities of some American banks would be very difficult.

The range of transactions that might be included in computerized credit card transactions is large. Taxicabs, newspaper stands, vending machines, public transportation, street vendors, and highway toll stations, to name but a few places where cash is used, could all, be provided with small machines that store information about purchases. These data sources could be linked into computer terminals at convenient locations or could be entered synchronously with the purchase through centralized communication networks. A centralized electronic funds transfer system could even instantaneously charge the purchases against the buyers' bank accounts and credit the funds to the sellers bank accounts.
Both lines of unutilized credit card credit and unutilized demand deposit overdraft facilities allow customers to use more money than they have on deposit.

A. Right.
B. Wrong.
C. Doesn't say.

Because the borrower defaulted on his repayment of the loan, the bank will hold the ______

A. reporting agency
B. co-signer
C. budget

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