CFA Level 1 － 模考试题(1)(PM) Q41-45

catherine

Question 41
An economy in long-run equilibrium experiences a cost-push inflation shock. If a feedback rule monetary policy that focuses on the price level is in place, which of the following effects of the monetary policy change is least likely?
; P( x( T5 z- K+ j; ?" ?$ x; A: YA)    Real gross domestic product decreases and the inflation decreases.
! I, W/ V% k2 L* V. L9 e* [B)   The price level decreases and output remains unchanged.
2 D2 F$ f, D/ h! T/ AC)   The rate of money supply growth decreases.
8 r/ J. y5 q& b1 tD)   Aggregate demand decreases.
% l* p/ \$ w- P3 d2 j
$ q! _. j2 c# B- W( IQuestion 42
The velocity of money is the:
2 g; t$ j+ f) h3 DA)    rate at which the price index for consumer goods rises.
B)   output expansion multiple of government expenditures.
+ s4 ^9 S) [  K7 D; n$ F! T4 yC)   average number of times a dollar is used to purchase goods and services.
1 f/ ?) |; Q7 j: X0 l* {% `9 OD)   number of times a dollar is taken out of the country during a year.

Question 43
The advantages of a proprietorship are least likely to include:
A)    ease of formation.
B)   simple decision making process.
% _7 `) `  j1 g8 u3 f; q/ W5 UC)   single taxation of profits.
D)   limited liability.

Question 44
In theory, the supply of a non-renewable resource is:
A)    fixed over a specific period of time.
* y" i4 k7 I- ^* l$ PB)   perfectly inelastic at a price that equals the present value of the expected next-period price.
C)   perfectly elastic.
! Q$ U7 X% m8 b; Y$ e4 `D)   perfectly inelastic at the price where demand intersects supply.

; r  U- ~8 |) ?0 S& c* E- |' J$ UQuestion 45
: O2 O" x2 M$ e' r  b/ ]Demand-pull inflation would least likely be caused by an increase in:
( J5 }( s  O( A3 |7 u, LA)    the prices of raw materials.
  e1 I9 ?1 a. T/ TB)   the money supply.
8 a7 {2 ?& [8 T8 Q3 ^" o) b; CC)   government purchases.
, m: v& V$ c- ^  h% aD)   foreign incomes.

catherine

答案和详解如下！
4 E  a  g. E8 K' m/ N: r

游客，如果您要查看本帖隐藏内容请回复

巴黎右岸

fanfan

3Q3Q3Q3Q

lxyz061524

。。。。。

hlbt930

88888888888888888888888888888888888888888888888888888888888888888888888