1. (A)Please literally (完整地) explain the financial market frictions and problems contributing to(導致) the emergence(興起) of financial intermediaries and indirect financing。(B) How to solve the above problems? (C)What are the functions and goals performed and achieved by various financial markets and institutions? (D) Please discuss (A-C) literally by examples of financial markets(如銀行、證券、保險業、租賃)。
2. (A)Please completely discuss and explain the various effects on macroeconomics (總體經濟) and different financial markets resulting from that central bank or Fed raises interest rate。
3. (A)What is the equilibrium equation (恆等式) of Investment and Saving.
(B) What is the relationship of trades and savings of Rest of World in different countries? 為什麼？ (C)若一國長期發生trade deficit and trade surplus，兩國後續會發生多種經濟與金融結果與現象？請詳加說明？(D)上述題目請舉兩個極端不同的國家之實例比較並以文字詳加說明前述關係的經濟意涵。
4. (A)A discount bond selling for 5,000 with a face value of 0,000 in one year has a yield to maturity of________%
(B) A consol paying 0 annually when the interest rate is 5 percent has a price of ______