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?
A)    Real gross domestic product decreases and the inflation decreases.
( |* C5 J. s4 c3 tB)   The price level decreases and output remains unchanged.
C)   The rate of money supply growth decreases.
D)   Aggregate demand decreases.

: C0 r6 \4 i$ |$ Z- r+ d/ P9 cQuestion 42
& {6 x# @6 o, z9 W5 hThe velocity of money is the:
A)    rate at which the price index for consumer goods rises.
# u' i# U7 e- w7 b) |B)   output expansion multiple of government expenditures.
C)   average number of times a dollar is used to purchase goods and services.
D)   number of times a dollar is taken out of the country during a year.

- N! s! s' w3 `$ Y4 `8 sQuestion 43
The advantages of a proprietorship are least likely to include:
A)    ease of formation.
  L; X& i" ~% B- V; w) z0 AB)   simple decision making process.
C)   single taxation of profits.
* [) b* Q4 M) I) I2 sD)   limited liability.
. C, u  z; @1 t% _) ]# t
Question 44
In theory, the supply of a non-renewable resource is:
A)    fixed over a specific period of time.
3 c. W1 p  f8 hB)   perfectly inelastic at a price that equals the present value of the expected next-period price.
C)   perfectly elastic.
# X9 }: S) G) u6 [7 G" H0 I4 t5 _D)   perfectly inelastic at the price where demand intersects supply.

Question 45
Demand-pull inflation would least likely be caused by an increase in:
A)    the prices of raw materials.
5 [1 d6 u. L" I9 ]B)   the money supply.
C)   government purchases.
) _! G' m9 E2 E/ cD)   foreign incomes.

catherine

答案和详解如下！
4 t0 ]7 K1 q- P5 w. E, ~

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