|
|
本帖最后由 一起学CFA 于 2016-1-21 11:22 编辑 $ p; W2 u7 o; g' ~/ E
( c5 [: c/ {6 S) S8 f) z( ACFA Level I:Economics - Understanding business cycles 精选题和学习要点
; s" J* a0 o0 [7 W0 v+ GLearning Outcome Statements (LOS) # C% }- S( o, y9 r7 p' V
2 t& G7 K) V& m/ W4 l0 Q
a、 Describe the business cycle and its phases;
3 D( q/ `$ G2 Q& N8 f- m7 H2 Xb、 Explain the typical patterns of resource use fluctuation, housing sector activity, and external trade sector activity, as an economy moves through the business cycle; - \. q. y% b' L7 w% q' ]
c、 Describe theories of the business cycle;
4 X+ j' ]# q2 b) ^d、 Describe types of unemployment and measures of unemployment; 1 S+ G5 d4 G9 P+ n
e、 Explain inflation, hyperinflation, disinflation, and deflation; 0 {7 U# J Y+ v% w: w8 |
f、 Explain the construction of indices used to measure inflation;
: t+ D5 }* i+ |/ V Q; vg、 Compare inflation measures, including their uses and limitations; % A, E: S4 Y' f2 Q
h、 Distinguish between cost-push and demand-pull inflation;
/ @- R8 _' w: y, g3 z# B# ui、 Describe economic indicators, including their uses and limitations;
% |! h5 C5 i H0 kj、 Identify the past, current, or expected future business cycle phase of an economy based on economoic indicators;, W* S; z- S. L `4 b0 M* \9 v) S; n$ c
" C7 ~% r! D+ w$ W
1. Government policies to stimulate an economy suffering a recession and designed to reduce unemployment in the short run are most likely directed towards reducing which type of unemployment?
9 X. E" V' D8 V$ B+ RA. Cyclical
) Y* A) H7 ]. Q1 Z b- w9 sB. Frictional
" a" b- |0 e; S6 q/ C) WC. Structural - |6 f% w' F. o. v$ E
答案和详解,登录后回复可见: 1 o t. q9 y7 I. }4 G
Answer:A) h9 s8 L! p4 K0 d! e6 v9 T
o G! k5 [7 C; V3 D
( {& x" J3 q7 S1 E9 e8 c2 d7 D" t2. Holding the working-age population constant, if the labor force participation ratio decline while the number of people employed remains unchanged, the unemployment rate will most likely:
3 O5 r( C p1 k+ ]9 gA. increase ' T, ~( f4 M2 R, X
B. decrease" a/ d: E2 {' s o
C. remain unchanged ! c" ?& V+ `* m/ r
! h9 g0 ]' r+ {$ b+ n1 O5 V
, ?' B0 k8 q/ \7 @) L
3. Which of the following types of unemployment is most likely to be associated with an economy in which many workers have been made obsolete by changing technology?
4 q0 V4 d j# z( v' S- VA. cyclical : I" t/ u& R' `6 y' |& w. y
B. frictional
. Z6 U9 }4 E+ e2 I" ZC. structural 9 ], n4 E8 k9 \+ ^7 w) W
/ Q2 l, N2 h- K" j
0 \' D& {4 `! ]" H1 u, h2 j K
4. The consumer price index (CPI) this year is 252. The CPI last year was 246. The inflation rate this year is closest to:0 V: g0 I4 d% o8 A, p
A. 2.38%
! [; S3 S9 ^% r& @" c: F9 i. LB. 2.44% , [( B0 E$ Y7 Y8 q: C: I5 Z
C. 6.00%
, q/ f6 ^ m5 [0 D/ c1 b1 d( U0 ]
- o( h- i. h7 Z) q1 C/ t) m
8 e8 N1 m# }+ m" M5. An In a simple economy containing only two goods -- apples and shirts – the prices and quantities in the base period and current period are:% X& u2 q) _ L$ _$ D' i
| Base Period | Quantity | Price($) | | Apples | 25 | 1.00 | | Shirts | 5 | 20.00 | | Current Period | Quantity | Price($) | | Apples | 25 | 1.25 | | Shirts | 5 | 20.50 | Assuming the base period consumer price index (CPI) = 100, the CPI for the current period is closest to:
1 k5 O0 p" r9 y7 AA. 103.57
+ H" S3 k! U( ^; z( YB. 107.00 3 k( ]9 Z! @9 w9 g/ u
C. 113.75
0 q& `. u- w; d( Q8 H0 q% ?# \- k. {8 z4 f4 ?2 A
* V" k' c0 N$ [1 q0 Z
' S6 @# H r8 j; r" B6 K; G. }3 ~, B
更多CFA习题可关注:高顿CFA题库.
. P8 D0 {7 ]5 d/ g' j关注微信 这里是华尔街(ID:CFA-online),CFA考试资讯抢先得7 `* Y3 b' t, ], A0 @$ A0 U
) h: z8 |0 R$ E- u6 o, @
; L5 \4 w5 _' }# ^7 p: s6 Q& O. V: S2 f4 k2 ?, P. i* u
. l% I- P( a& x9 O
" l4 G6 {; V7 y/ A
% [% Z* k2 d) i3 C9 Y- q! I5 R3 Y! R# ^8 @1 K( k: S
|
|