Which of the following statements about the FASB conceptual framework, as compared to the IASB conceptional framework, is most accurate? A The FASB framework allows for upward revaluations of tangible, long-lived assets. B The FASB framework and IASB framework are now fully converged. C The FASB framework lists revenue, expenses, gains, losses, and comprehensive income related to financial performance. 老师您好，这个题帮忙分析下

GROSS REPORTING 和Net reporting本质上有什么区别，基础课的时候就没有太明白，麻烦老师在讲一下

24. Which of the following is most likely to cause the long-run aggregate supply curve to shift to the left? A. Higher nominal wages. B. A decline in productivity. C. A increase in corporate taxes. 直观的感觉是选B，答案也对，但还请老师解释一下为什么A和C不对。

毛利润不是等于REVENUE-COGS么，那应该是30万，为什么还要减去RETURNS？

这道题的知识点是财务报表讲义的那一个READING？

12. In calculatingpersonal income for a given year, which of thefollowing wouldnot be subtracted from national income ? A. Indirect business taxes. B. Undistributed corporate profits. C. Unincorporated business net income. 请老师详细解释一下这道题，印象中基础班的课程里没有提及这个知识点。

老师，我没听懂Gross revenue 和net revenue是怎么算的？有公式吗

11.单选题 已收藏 标记 纠错 Which is the most accurate statement regarding the demand for money? A Precautionary money demand is directly related to GDP. B Transactions money demand is inversely related to returns on bonds. C Speculative demand is inversely related to the perceived risk of other assets. 查看解析 上一题 提交试卷 正确答案A 您的答案A本题平均正确率：50% Money creation process难度：一般 推荐：      答案解析 Precautionary money demand is directly related to GDP. Precautionary money balances are held to provide a buffer against unforeseen events that might require money. Precautionary balances tend to rise with the volume and value of transactions in the economy, and therefore rise with GDP. 问：这三种货币需求可否简单讲解一下，然后再串联题目的逻辑？

04.单选题 收藏 标记 纠错 Reduction in which of the following element will increase the efficiencies when comparing a barter economy with an economy that uses money as a medium of exchange? A The need to specialize. B Transaction costs. C Nominal interest rates. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率：64% Money creation process难度：一般 推荐：      答案解析 Money functions as a medium of exchange because it is accepted as payment for goods and services. Compare this to a barter economy, where if I have goat and want an ox, I have to find someone willing to trade. Finding someone takes time and time is costly. With money, I can sell the goat and buy the ox. Thus, transaction costs are reduced. Having money as a medium of exchange would not reduce the inflation rate, interest rates, or the need to specialize in the production of those goods in which we have a comparative advantage (low opportunity cost producer). 求中文讲解，视频没声音

02.单选题 收藏 标记 纠错 A development country maintains a fixed value for its currency relative to the U.S. dollar. It is experiencing a decline in its economic activity, and its inflation rate falls below the Level in the United States. If the developing country wants to maintain the fixed exchange rate target, its A Money supply will contract. B Short-term interest rates will fall. C Foreign exchange reserves will decrease. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率：50% Money creation process难度：一般 推荐：      答案解析 With a decline in economic activity and domestic inflation, the currency of the developing country would start to rise against the dollar. To protect the exchange rate target, the developing country‘s monetary authority will purchase foreign exchange reserves and sell its own currency. This action will increase the domestic money supply and decrease short-term interest rates. 问：通货膨胀降低为什么意味着本币上升啊？整条逻辑推到链可否简要用再讲解一下？