问题 单项选择题

下列叙述错误的是( )。

A.债券票面利率与期限成正比,所以不可能存在短期债券票面利率高而长期债券票面利率低的现象

B.尽管债券和股票有各自的特点,但它们都属于有价证券

C.从功能上看,政府债券最初仅是政府弥补赤字的手段,但在现代商品经济条件下,政府债券已成为政府筹集资金、扩大公共开支的重要手段

D.凭证式国债和储蓄国债(电子式)都在商业银行柜台发行,不能上市流通

答案

参考答案:A

解析: 一般来说,期限较长的债券,流动性差,风险相对较大,票面利率应该定得高一些;而期限较短的债券,流动性强,风险相对较小,票面利率就可以定得低一些。不过,债券票面利率与期限的关系较复杂,它们还受其他因素的影响,所以有时也能见到短期债券票面利率高而长期债券票面利率低的现象。

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阅读短文,根据所读内容在表中的空格处填上适当的单词或短语。注意:每空不超过3个单词。

What causes traffic jams? Too many cars,right? No! Some Brits are now saying that trafficlights are to blame for much of the congestion.

They suggest that traffic lights be removed at busy roads.They believe people are a better judge of when it’s safe to go,not a traffic light programmed by an absent regulator.

A report from the Institute of Economic Affairs,a UK think tank(智囊团),argues that

abolishing traffic signals would decrease congestion,reduce exhaust(废气)emissions(排放)and improve safety.

The report said that removing lights should also prevent other bad behavior caused by signals.such、as speeding up to catch a green light It would also avoid the wasted time when drivers have to sit at a red light even if no one is using the green

The idea may sound strange,but it’s not new.Seven cities and regions in Europe are experimenting with no-lights roads.

Drachten in the Netherlands has gotten rid of 16 of its traffic light crossings and changed the other two to roundabouts under a“shared space”scheme.At crossings, cyclists dutifully raise their arm when they want to make a turn,and drivers follow a first.arrived,first.through approach and communicate by hand signs,nods and waving.The result? Typical journey time has been cut in half and accidents and congestion have mostly disappeared.

There have been small collisions but no problem,said Hans Monderman,creator of the scheme.“We want small accidents,in order to prevent serious ones.It works well because it’s dangerous.The driver has to be responsible for his or her own risk

“The many rules take away the ability to be considerate”Monderman added.“We’re losing our responsibility for socially responsible behavior.”

So far,Drachten’s locals have called the experiment a success.“I am used to it now,”said Helena Spaanstra.24.“You drive more slowly and carefully.but somehow you seem to get around town quicker.

Tony Ooostward,70,was equally enthusiastic.“I am a walker and now you are the boss at the crossroads,everyone waits for you.But at the same time walkers wait until there are a number of people wanting to cross at the same time.”

Owen Paterson,UK’s Shadow Transport Minister。visited Drachten.He said Britain should learn from the model.“The idea is to create space where there is mild anxiety among everyone so they all behave cautiously.No one drives fast along a busy street thinking that they have right of way.”

The model is being tested in London’s Kensington neighborhood.

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