问题如下：
When managing money position, there are
several factors affecting the choice among different sources. Which of the
following statemen about the factors is NOT correct?
选项：
A. Immediacy of need can
influence the choice among different sources. If it is the immediate reserve needs, choose Federal funds market
or central bank (discount window).
B. Duration of need can
influence the choice among different sources. If deficit last for only a few hours, the Federal funds market or
discount window is preferred
C. If the deficit lasts long, the bank can sell
long-term assets or borrow long-term.
D. when
choosing among the sources, the decision is based on the current interest information. The outlook has little impact
on the choice.
解释：
考点：对Legal Reserves and Money Position
Management的理解
答案：D
解析：
选项D错误，在做决定时，除了要参考Interest
rate outlook，还要参考Outlook for central bank monetary
policy.
C应该也是错的，讲义p352说赤字久了可以sell security and cut its lending
