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Chapter3习题集

Chapter3习题集
Chapter3习题集

Chapter 3 Foreign Currency Futures

3.1 Multiple Choice and True/False Questions

1) Financial derivatives are powerful tools that can be used by management for purposes of

A) speculation.

B) hedging.

C) arbitrage.

D) A, B and C above.

Answer: D

2) A foreign currency ________ contract calls for the future delivery of a standard amount of foreign exchange at a fixed time, place, and price.

A) futures

B) forward

C) option

D) swap

Answer: A

3) Currency futures contracts have become standard fare and trade readily in the world money centers.

Answer: TRUE

4) The major difference between currency futures and forward contracts is that futures contracts are standardized for ease of trading on an exchange market whereas forward contracts are specialized and tailored

to meet the needs of clients.

Answer: TRUE

5) Which of the following is NOT a contract specification for currency futures trading on an organized exchange?

A) size of the contract

B) maturity date

C) last trading day

D) fixed gains

Answer: D

6) About ________ of all futures contracts are settled by physical delivery of foreign exchange between buyer and seller.

A) 0%

B) 5%

C) 50%

D) 95%

Answer: B

7) Futures contracts require that the purchaser deposit an initial sum as collateral. This deposit is called a

A) collateralized deposit.

B) marked market sum.

C) margin.

D) settlement.

Answer: C

8) A speculator in the futures market wishing to lock in a price at which they could ________ a foreign currency will ________ a futures contract.

A) buy; sell

B) sell; buy

C) buy; buy

D) none of the above

Answer: C

9) A speculator that has ________ a futures contract has taken a ________ position.

A) sold; long

B) purchased; short

C) sold; short

D) purchased; sold

Answer: C

10) Peter Simpson expects that the U.K. pound will cost $1.62/£ in six months. A 6-month currency futures contract is available today at a rate of $1.63/£. If Peter was to speculate in the currency futures market, and his expectations are correct, which of the following strategies would earn him a profit?

A) Sell a pound currency futures contract.

B) Buy a pound currency futures contract.

C) Sell pounds today.

D) Sell pounds in six months.

Answer: A

11) Jack Hemmings bought a 3-month British pound futures contract for $1.6200/£ only to see the dollar appreciate to a value of $1.6118 at which time he sold the pound futures. If each pound futures contract is for an amount of £62,500, how much money did Jack gain or lose from his speculation with pound futures?

A) $512.50 loss

B) $512.50 gain

C) £512.50 loss

D) £512.50 gain

Answer: A

12) Which of the following statements regarding currency futures contracts and forward contracts is true?

A) A futures contract is a standardized amount per currency whereas the forward contact is for any size desired.

B) A futures contract is for a fixed maturity whereas the forward contract is for any maturity you like up to one year.

C) Futures contracts trade on organized exchanges whereas forwards take place between individuals and banks with other banks via telecom linkages.

D) All of the above are true.

Answer: D

13) Which of the following is a difference between a currency futures contract and a forward contract?

A) The futures contract is marked to market daily whereas the forward contract is only due to be settled at maturity.

B) The counterparty to the futures participant is unknown with the clearinghouse stepping into each transaction whereas the forward contract participants are in direct contact setting the forward specifications.

C) A single sales commission covers both the purchase and sale of a futures contract whereas there is no specific sales commission with a forward contract because banks earn a profit through the bid-ask spread.

D) All of the above are true.

Answer: D

14) As a general statement, it is safe to say that businesses generally use the ________ for foreign currency forward contracts, and individuals and financial institutions typically use the ________for foreign currency futures contracts.

A) exchange markets; over-the-counter

B) over-the-counter; exchange markets

C) private; government sponsored

D) government sponsored; private

Answer: B

15) All exchange-traded futures are settled through a clearing house but over-the-counter forwards are not and are thus subject to greater ________ risk.

A) exchange rate

B) country

C) counterparty

D) none of the above

Answer: C

16) When reading the futures quotation in the financial section of the newspaper, the column heading indicating the number of contracts outstanding is called ________.

A) contracts outstanding

B) settle

C) open interest

D) short positions

Answer: C

Table 3.1

Use the below mentioned table to answer following question(s). December 17, 2009, British Pound futures Prices for 2010 (US dollars per pound, 62,500 pound contracts).

Maturity Open High Low Change Settle Volume March 10 1.6315 1.6333 1.6071 -0.0155 1.6146 127,234 June 10 1.6315 1.6323 1.6065 -0.0155 1.6137 145

17)Refer to Table 3.1. What was the contract price of the British pound, if you need to lock the value of GBP for your GBP receivables in 3-month period?

A) $1.6146/£

B) £1.6146/$

C) $1.6315/£

D) £1.6315/$

Answer: A

18) Refer to Table 3.1. The price of ________ making you taking a short position to sell two pounds futures contracts have maturity date in June 10, 2010 has a total contract value of ________.

A) £1.6137/$, £201,712.50

B) $1.6137/£, $201,712.50

C) $1.6146/£, $100,912.50

D) £1.6146/$, $100,912.50

Answer: B

19) Refer to Table 3.1 and question 19. If the spot exchange rate of British pound proves to be $1.6128/£ in June 10, 2010, what is your gain or loss for your short position?

A) $112.50 gain

B) $112.50 loss

C) $56.25 gain

D) $56.25 loss

Answer: A

20) Andrea Lee is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. Currently the spot price for the Japanese yen is ¥90.870/$ and the 6-month futures contract price is ¥90.530/$. Andrea thinks the yen will move to ¥90.120/$ in the next six months. Andrea should ________ at the futures price to profit from changing currency values.

A) buy yen

B) buy dollars

C) sell yen

D) There is not enough information to answer this question.

Answer: A

3.2 Essay Questions

1) Why are foreign currency futures contracts more popular with individuals and banks while foreign currency forwards are more popular with businesses?

Answer: Foreign currency futures are standardized contracts that lend

themselves well to speculation purposes but less so for hedging purposes. The standardized nature of the futures contract makes it easy to trade futures and to make bets about general changes in the value of currencies. Forward contracts are better for hedging in that they are tailored to meet the specific needs of the client, typically a business, and can be quite useful in reducing exchange rate risk. Banks are involved in the foreign currency futures market in part to offset positions that they may have taken in the forward markets as dealers.

2) How do currency forward and futures contracts differ with respect to maturity, settlement, and the size and timing of cash flows?

Answer: see p36-37, Table 3.7

3) What is the primary role of the exchange clearinghouse?

Answer: see p14-15

※4) Draw and explain the payoff profile associated with a currency futures contract.

Answer: refer to chapter 8

chapter3-assignment

第三章 线性分组码 习题 1.证明[n ,k ]线性分组码的最大距离为n -k +1。 2.设一个[7,4]码的生成矩阵为 1000111010010100100110 00111 0G ????? ?=?????? (1)求出该码的全部码矢; (2)求出该码的一致校验矩阵; (3)作出该码的标准阵译码表。 3.证明定理3.1.3。 4.一个[8,4]系统码,它的一致校验方程为: c 0=m 1+m 2+m 3c 1=m 0+m 1+m 2c 2=m 0+m 1+m 2c 3=m 0+m 2+m 3 式中,m 0,m 1,m 2,m 3是信息位,c 0,c 1,c 2,c 3是校验位。找出该码的G 和H ,并证明该码的最小距离为4。 5.构造第4题中码的对偶码。 6.设H 1是[n ,k ]线性分组码C 1的校验矩阵,且有奇数最小距离为d 。作一个新的码C 2,它的校 验矩阵为 12000111 1H H ?? ????? ?=???????? M L (1)证明C 2是一个(n +1,k )分组码; (2)证明C 2中每一码字的重量为偶数; (3)证明C 2码的最小重量为d +1。 7.设C 1是一个有最小距离为d 1的[n 1,k ]线性系统码,生成矩阵为G 1=[P 1I k ]。C 2是一个有最小距离为d 2的[n ,k ]线性系统码,它的生成矩阵G 2=[P 2I k ]。对满足下述一致校验矩阵 212T k n n k T p H I P I ???? ? ?=??????

的[n 1+n 2,k]线性码,证明它有最小距离至少为d 1+d 2。 8.设一个二进制[n ,k ]码C 的G 矩阵不含全零列,将C 的所有码字排成2k ×n 的阵。 证明: (a )阵中不含有全零列; (b )阵中的每一列由2k -1个零和2k -1个1组成; (c )在一特定分量上为0的所有码字构成C 的一个子空间,问该子空间的维数是多少? 9.令是所有二进制[n ,k ]线性系统码的集合。证明非零二进制n 重V 或者恰巧含于的 ΓΓ(1)()2k n k ??个码中,或者不在的任一码中。 Γ10.证明二进制[23,12,7]Golay 码和三进制的[11,6,5]Golay 码是完备码。 11.若d 是码C 的最小重量,且为偶数,(1)/2t d =????? 。证明有两个重量均为t +1的矢量必在C 码的同一陪集中。 12.求出d =3,至多只有3个校验元的二进制码的码长n ;和d =5,至多只有8个校验元的二进 制码的码长n 。 13.计算二进制[24,12,8]扩张Golay 码的覆盖半径,及[8,4]RM 码的覆盖半径。 14.证明定理3.9.3。 15.构造三个二进制的[10,3,5]LUEP 码,其分离矢量分别为(8,2,2),(7,4,4), (6,4,4)。写出它们标准形式的G 和系统码形式的G 。 16.证明定理3.10.3。 17.构造一个具有最高码率的k =10,t =2的2-EC/AUED 码。 18.证明定理3.10.6。

财务管理chapter3习题

Chapter 03 Financial Statements Analysis and Long-Term Planning Answer Key Multiple Choice Questions 1. One key reason a long-term financial plan is developed is because: A. the plan determines your financial policy. B. the plan determines your investment policy. C. there are direct connections between achievable corporate growth and the financial policy. D. there is unlimited growth possible in a well-developed financial plan. E. None of the above. Difficulty level: Easy Topic: LONG-TERM PLANNING Type: DEFINITIONS c 2. Projected future financial statements are called: A. plug statements. B. pro forma statements. C. reconciled statements. D. aggregated statements. E. none of the above.

国际会计chapter3

Exercises for Chapter 3 一、Multiple Choice Questions 1.The currency in which the parent company prepares its financial statements is the a. base currency. b. functional currency. c. historical currency. d. reporting currency. 2. The right and the obligation to trade foreign currency in the future at a set rate is a a. currency swap. b. currency option. c. forward contract. d. money market hedg e. 3. Which of the following can give rise to foreign currency transaction exposure? a. Selling goods whose prices are contractually denominated in a foreign currency. b. Borrowing funds in a foreign currency. c. Engaging in contracts to trade in foreign currency at a future date. d. Other economic transactions denominated in foreign currencies. e. All of the above. 4. In the one-transaction approach: a. The gain or loss is recorded separately b. The gain or loss is reflected in the value of the resource acquired c. Either (a) or (b) d. None of the above 5. The two-transaction approach is required in: a. The United States b. Australia c. Canada d. All of the above e. None of the above 6. A forward exchange contract is an agreement to: a. Buy a foreign currency in the future at a variable rate b. Sell a foreign currency in the future at a variable rate c. Buy or sell a foreign currency in the future at a set rate d. None of the above 7. Under the monetary/non-monetary method of foreign currency translation, depreciation expense is translated at the: a. Current rate b. Weighted average rate c. Historical rate d. None of the above

小学信息技术兴趣小组活动记录1

信息技术兴趣 小组 活动记录小组名称:信息技术 辅导教师:景贺飞 官场兴龙小学

信息技术兴趣小组 活动计划 活动目的: 为把素质教育落到实处,全面贯彻教育教学方针,培养学生良好的信息素养,把信息技术作为支持终身学习和合作学习的手段,使学生从小打下坚实的计算机方面的基础,特组建该兴趣小组。 组织形式: 1、在3~6年级中挑选喜欢计算机课程,而且有一定基础的学生。 2、人数6人。 活动时间: 每单周四下午2:40~3:20. 活动内容: 周次活动内容完成情况 三创作画图优秀 五对画图进行修改优秀 七构思图形良好 九修改图形良好 十一画平行四边形优秀 十三插入文字优秀 十五画大风车 十七改变画图属性

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具体过程记录表 周次7 日 期 10.20 应到 人数 6 实到 人数 6 缺席者 及原因 活动内容创作画图记录人景贺飞 活动过程记录 1、讲解画图窗口,重点讲“曲线”工具的使 用方法。 2、学生自己练习画图。 3、练习指法,简介五笔字型输入法,重点训 练识记键盘。 活动效果 优秀 周次8 日 期 10.27 应到 人数 6 实到 人数 6 缺席者 及原因 活动内容对画图进行修改记录人景贺飞 活动过程记录 1、讲解利用选定、刷子等工具对图画进行位 置转换、添加等操作。 2、学生对上次所作图画进行修改,然后互相 讨论优秀。 活动效果 优秀

英语语言学linguisticschapter3练习答案

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Chapter 3 财务管理(英语)作业

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信息技术课外兴趣小组活动计划

信息技术课外兴趣小组活 动计划 Prepared on 21 November 2021

赣县区城关小学信息技术兴趣小组 活动计划 时间:2017年秋学期教师:张朝生根据现代教育形势发展的要求,为了充分利用学生的课余时间,促进学生的特长与能力协调发展,同时为进一步开发和发挥学生的创造性思维和创造能力、开发智力,提高学生的计算机使用能力,能进行电脑作品的设计和制作,我校将开展信息技术课外兴趣小组活动,并努力提高活动质量,使学生学有所得,学有所长。 一、指导思想 以提高学生电脑制作的兴趣和提高学生的能力为根本目的,坚持以人为本的教学理念,本着“一切为了学生,为了学生的一切”的根本宗旨,以电脑制作活动为契机,不断提高学生的能力,帮助学生接触现代科学知识,增加学生的知识面,培养思维能力,使学生初步形成科技意识、竞争意识。 二、活动目标 1、创新意识:引导学生在各种实践活动中积极动脑思考,善于发现问题,敢于提出自己的独立见解,乐于研究探索新的事物。 2、实践意识:引导学生在各种活动中综合运用所学知识和技能,获得多方面的直接体验和实践经验,培养理论联系实际的学风。 3、主体意识:引导学生在积极参与各种实践活动中加深对自我能动性认识和体验,建立责任感,培养自主学习、主动学习的志趣和情感。 4、发现问题的能力:通过各种实践活动,积极发展学生敏锐的观察力,掌握科学的观察方法,使学生善于全面、完整地认识事物,从不同层次、角度提出问题。 5、正确分析问题的能力:通过各种实践活动,促进学生思维的发展,掌握正确的分析问题的方法,能提出比较恰当的解决问题的方案。 6、解决问题的能力:通过各种实践活动,培养学生动手操作能力,引导学生学会选择使用恰当的工具和简单的技术来解决问题。 7、争取在每年的师生电脑作品制作或信息技术奥林匹克比赛活动中获得奖项。 三、活动主要内容 活动小组本学期教学重点:

信息技术兴趣小组活动计划教学内容

信息技术兴趣小组活 动计划

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最新现代移动通信-蔡跃明-第三版思考题与习题参考答案-chapter-3

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财务管理chapter3习题

财务管理c h a p t e r3习题-标准化文件发布号:(9456-EUATWK-MWUB-WUNN-INNUL-DDQTY-KII

Chapter 03 Financial Statements Analysis and Long-Term Planning Answer Key Multiple Choice Questions 1. One key reason a long-term financial plan is developed is because: A. the plan determines your financial policy. B. the plan determines your investment policy. C. there are direct connections between achievable corporate growth and the financial policy. D. there is unlimited growth possible in a well-developed financial plan. E. None of the above. Difficulty level: Easy Topic: LONG-TERM PLANNING Type: DEFINITIONS c 2. Projected future financial statements are called: A. plug statements. B. pro forma statements. C. reconciled statements. D. aggregated statements.

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识和技能是时代的需要,也是个人成才的需要,激发他们的求知欲望,充分调动学生的学习积极性。 4、注重上机操作能力,使学习兴趣持久不息 计算机学科是一门实践操作极强的学科,应该说上机时间占70%,理论课只占30%。学生上机操作的过程是一个融阅读、理解思考和观察、验证于一体的过程。学生刚开始学习时还有兴趣,但慢慢地对计算机的热情就会下降,不感兴趣。这就要求我们教师在上课过程中采用“任务驱动”教学法,明确每节课的教学目标,设下疑难问题,让学生自己去思考问题、上机实践探索解决问题的办法,给学生“主动发展”的空间,大力推行“发现式”教学,同时要保证学生充裕的上机时间,着重培养和锻炼学生的操作技能。当学生通过自己的上机操作能够解答某一问题,必将会熟练掌握该项操作技能,增添一份喜悦之情,充满一股学习计算机的热情。如在讲解文件、文件夹的基本操作时,由于这节内容相当重要,而且实践性非常强,教师可以先围绕教学目标出几道练习题,让学生自己带着问题操作预习,然后教师再总结学生的学习情况。同时不定期地开展一些全体学生都参加的指法练习、编辑排版等操作竞赛,让学习兴趣持久不息。 5、发挥“小老师”的作用,激发学习兴趣 学生当“小老师”改变了传统的师生间单向传递知识的方式,使学生由知识的被动接受者转变为知识的传授者,发挥了学生的主体作用。我们对教学中的一些简单知识内容,而且是学生最感兴趣的内容,如在“画图”的教学中,事先告诉学生教学目标,让学生自己组织上课,学生就会按照自己的理解程度,以自己最好的教学方式,扮演“小老师”。同时,在上机实践课中,教师由于各种

chapter 3 summary

Chapter 3 Using costs in decision making 1 How Management accounting supports internal decision making ●Pricing-market-determined price, cost plus pricing. ●Product Planning-target costing. ●Budget ●Performance ●Contracting-In cost reimbursement contracts organizations are reimbursed their cost plus anincrement for the goods or service they provide under the contract. 2 Variable and fixed costs Variable cost-A variable cost is one that increases proportionally with changes in the activity levelof some variable. Variable cost =Variable cost per unit of the cost driver *Cost driver units. Fixed cost-A fixed cost is a cost that does not vary in the short run with a specified activity. Total cost =Variable cost +Fixed cost 3 Cost- Volume –Profit Analysis Agood understanding of cost and revenue behavior is critical in providing decisionmakers with an understanding of the relationship betwe en a project’s revenues, costs,and profits. Profit =Revenue -Total costs =Revenue -Variable costs -Fixed costs 4 Developing and Using the CVP equation The difference between total revenue and total variable cost is called the contribution margin. The contribution margin per unit is the contribution that eachunit makes to covering fixed costs and providing a profit. Profit =Unit sales *(Price per unit $ Variable cost per unit)-$ Fixed costor Profit =Contribution margin per unit *Units produced and sold-Fixed costs units needed to be sold =(target profit + fixed cost) /contribution margin per unit 5 Other useful cost definitions Mixed cost- A mixed cost is a cost that has a fixed component and a variable component. Step variable costs- A step variable cost increases in steps as quantity increases. Incremental cost -An incremental cost is the cost of the next unit of production and is similar to the economist’s notion of marginal cos t. Sunk cost- A sunk cost is a cost that results from a previous commitment and cannot berecovered. Relevant cost-A relevant cost is a cost that will change as a result of some decision.

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第十一小学信息技术课外活动计划 2013年秋 一、指导思想: 信息技术兴趣小组,作为学校和信息技术教育有机结合的典型载体之一,随着社会需要应运而生,并在深化教育改革获得长足发展,愈益生动显示其活力,成为素质教育的重要方面。信息技术涉及的面广,能培养学生多方面的才能。因此,结合我校的情况,开展了一个信息技术兴趣小组,希望通过这一个小组能激发学生的创作兴趣,提高他们的创新能力。 二、具体工作: 这一学期我们将进行以下几个方面的学习: 1、电脑绘画 电脑绘画是在传统绘画基础上发展起来的一门新兴绘画艺术。一方面。它继承了传统绘画艺术的基本特点,如构图、造型、着色等;另一方面,它具有传统绘画艺术所无法比拟的优越性,如它的方便易用、新颖独特以及效果的丰富多样等。因而,电脑绘画深受小学生的喜爱。这是一种科学与艺术相结合的教学手段,它以生动的形式,事半功倍的效果,在我们眼前展示了一幅诱人的美术教学前景。这学期主要教学画图软件和金山画王。 2、制作电子报刊 辅导学生学会使用WORD软件,并运用WORD软件,由自命一个自己专注的题目,围绕这一题目,收集、整理相关信息,并在认真学习和研究相关信息的基础上,参照电子出版物的有关标准,以适当形式创作的电子报或电子刊物。主要教学WORD。 3、中英文打字 根据小学阶段信息技术的教学目标和任务,按省的基本要求,小学阶段应当学会使用键盘打字。而中文输入时的教学提倡采用拼音输入。学习中英文打字能促进信息技术与英语、语文教学的整合,并针对小学生特点将使这项活动更有意义,为它的健康深入开展提供保障。 4、幻灯片制作

Powerpoint和Word、Excel等应用软件一样,都是Microsoft公司推出的O ffice系列产品之一。PowerPoint是制作和演示幻灯片的软件,主要用于演示文稿的创建,即幻灯片的制作,可有效帮助演讲、教学,产品演示等,它能够制作出集文字、图形、图像、声音以及视频剪辑等多媒体元素于一体的演示文稿,把自己所要表达的信息组织在一组图文并茂的画面中,用于介绍公司的产品、展示自己的学术成果。用户不仅在投影仪或者计算机上进行演示,也可以将演示文稿打印出来,制作成胶片,以便应用到更广泛的领域中。利用Powerpoint不仅可以创建演示文稿,还可以在互联网上召开面对面会议,远程会议或在网上给观众展示演示文稿。 本学期以以学习和掌握制作Powerpoint的基本方法和基本理论为目的,培养学生对计算机的兴趣,启迪思维、发展能力。主要教学制作幻灯片的过程。 5、Flash制作 Flash是美国Macromedia公司所设计的一种二维矢量动画软件。通常包括M acromedia Flash,用于设计和编辑Flash文档,以及Macromedia Flash Playe r,用于播放Flash文档。Flash 是一种创作工具,设计人员和开发人员可使用它来创建演示文稿、应用程序和其它允许用户交互的内容。Flash 可以包含简单的动画、视频内容、复杂演示文稿和应用程序以及介于它们之间的任何内容。通常,使用 Flash 创作的各个内容单元称为应用程序,即使它们可能只是很简单的动画。您也可以通过添加图片、声音、视频和特殊效果,构建包含丰富媒体的 Flash 应用程序。 Flash制作能推动信息技术课程的深入实施,丰富学生的课外活动,激发学生学习电脑的兴趣。学生在制作Flash动画创建、制作、生成动画的方法,充分发挥学生的创新意识,实践制作由简单动画——特效动画——复杂动画——交互式动画的全过程,并利用知识的迁移,培养学生发现问题、分析问题、解决问题的实际能力。

Chapter 3 练习题

第三章练习题 I. Define the following terms (名词解释) : 1. Manifest Destiny 3. Sustainable development 2. Roosevelt Corollary 4. Monroe Doctrine II. Multiple Choice Questions (单项选择): 1.___________ can be defined as a society's accepted basis for responding to external and internal events. A. Geography B. Culture C. Social class D. History E. A national mission 2. A society's accepted basis for responding to external and internal events is associated with which of the following terms? A. Geography B. Culture C. Social class D. History E. A national mission 3.In 1700s the British colonies in North America complained about two important issues: 1) __________ and 2) __________. A. the poor British military defense of the colonies (against native American raids), the high British taxes on consumer goods B. the prohibition of trade with merchants in Japan, the imposition of high British postage rates C. the threat of higher British taxes, the imposition of British military draft on the colonies D. the prohibition to trade directly with merchants in other nations, the restrictions on return travel to Britain E. the imposition of high British taxes, the prohibition to trade directly with merchants in China

语言学教程Chapter 3练习题

Chapter 3:Lexicon I. Decide whether each of the following statements is True or False: 1. Morphology studies the internal structure of words and the rules by which words are formed. 2.Words are the smallest meaningful units of language. 3. Just as a phoneme is the basic unit in the study of phonology, so is a morpheme the basic unit in the study of morphology. 4. The smallest meaningful units that can be used freely all by themselves are free morphemes. 5. Bound morphemes include two types: roots and affixes. 6. Inflectional morphemes manifest various grammatical relations or grammatical categories such as number, tense, degree, and case. 7. The existing form to which a derivational affix can be added is called a stem, which can be a bound root, a free morpheme, or a derived form itself. 8. Prefixes usually modify the part of speech of the original word, not the meaning of it. 9. There are rules that govern which affix can be added to what type of stem to form a new word. Therefore, words formed according to the morphological rules are acceptable words. 10. Phonetically, the stress of a compound always falls on the first element, while the second element receives secondary stress. II. Fill in each blank below with one word which begins with the letter given: 11. M ____ is the smallest meaningful unit of language. 12. The affix “-ish” in the word boyish conveys a g____ meaning. 13. B___________ morphemes are those that cannot be used independently but have to be combined with other morphemes, either free or bound, to form a word. 14. Affixes are of two types: inflectional affixes and d__________ affixes. 15. D________ affixes are added to an existing form to create words. 16. A s______ is added to the end of stems to modify the meaning of the original word and it may case change its part of speech.

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