问题如下:
Which of the following is most likely the result from a policy rate increase?
选项:
A.The investment in new projects is increasing.
B.Consumers are more preferred to credit purchases.
C.The domestic currency is more valuable relative to foreign currency.
解释:
C is correct.
A rise in policy rates increases the bank’s lending rate in the short-run. Investors feel expensive to borrow and make new investment. Consumers will reduce credit purchases. However, a higher yield will attract foreign investment and strength the domestic currency correspondingly.
考点:policy rates
解析:政策利率的上升在短期内会提高银行的贷款利率。投资者觉得借钱和进行新投资的成本上升而减少投资。A选项错误。
消费者也将减少信贷购买。所以B选项错误。
然而,较高的收益率将吸引外国投资,并相应地使本币走强。所以C选项正确。
对于老师的回答:对于国外而言,投资是金融投资,也就是国内汇率升值带来的收益,比如投资前,一个本币换2个外币,投资后一个本币换3个外币,那就等于净赚一个外币,这种形式的投资收益可以覆盖利率上升的成本,所以投资仍会增加
和答案中的解释:由于收益率升高吸引外国投资
那么,有一个问题
到底是由于interest rate上升吸引外国投资,而导致本币升值?还是由于本币升值才吸引的外国投资?
而且本题目问的是interest rate改变对于本国货币贬值还是升值的影响,老师的回答似乎不能解释?
那么究竟为什么为什么同一措施会让国内国外不同?:C.让投资收益率上升,吸引国外投资。A. 国内投资减少