Stage 5 Testing 1:Multiple-Choice Questions
Now you will hear 10 questions about the information you heard in the lecture.Each question will be spoken two times,but it will not be written out for you.You must listen very carefully to each question.After hearing a question,you must read the four possible answer choices provided.You will then refer to your notes and select(a),(b),(c)or(d)—whichever is the best choice.
1.
(a)In 2007
(b)In 2008
(c)In 2009
(d)In 2011
2.
(a)France,Italy and Luxembourg
(b)Belgium,Finland and West Germany
(c)Italy,the Netherlands and Ireland
(d)West Germany,France and Spain
3.
(a)A means of payment
(b)A medium of exchange
(c)A unit of accounting
(d)All of the above
4.
(a)In 1992
(b)In 1993
(c)In 1998
(d)In 1999
5.
(a)To have a debt ratio of less than 3/5 of GDP
(b)To have a budget deficit of less than 3% of GDP
(c)To have low inflation
(d)All of the above
6.
(a)In Frankfurt,Germany
(b)In Paris,France
(c)In Rome,Italy
(d)In Maastricht,the Netherlands
7.
(a)In non-cash transactions
(b)In cashless payments
(c)In the issuance of bonds
(d)All of the above
8.
(a)50 billion banknotes and 15 billion coins
(b)15 billion banknotes and 50 billion coins
(c)50 billion banknotes and 50 billion coins
(d)15 billion banknotes and 15 billion coins
9.
(a)Because one single,larger market is made possible for market participants
(b)Because both savers and investors can operate overseas to profit
(c)Because the European Central Bank regulates all the financial institutions
(d)None of the above
10.
(a)The franc
(b)The mark
(c)The guider
(d)The lira