|
|
本帖最后由 一起学CFA 于 2016-1-21 11:22 编辑
3 S% e8 O0 A0 [) R* }" s3 E" W O* p( |% K
CFA Level I:Economics - Understanding business cycles 精选题和学习要点5 P8 Z, Y7 ]- e8 {+ F3 X
Learning Outcome Statements (LOS)
; [% }0 p$ S; N* E* M. I0 z* L- x& g
a、 Describe the business cycle and its phases; & p( I" t3 L! {- }+ L% D: d
b、 Explain the typical patterns of resource use fluctuation, housing sector activity, and external trade sector activity, as an economy moves through the business cycle;
$ [8 @: d3 |2 R1 D% t, B; }c、 Describe theories of the business cycle;
4 G0 a; z! U2 g( md、 Describe types of unemployment and measures of unemployment;
2 w1 L- F9 P8 a9 p, re、 Explain inflation, hyperinflation, disinflation, and deflation;
2 J0 N; Q; `2 a% J: F% ~f、 Explain the construction of indices used to measure inflation;
# ^7 V( f A, B qg、 Compare inflation measures, including their uses and limitations; 7 D- ]; } Q2 l9 x
h、 Distinguish between cost-push and demand-pull inflation; + v6 }: [7 N; k# m. ]
i、 Describe economic indicators, including their uses and limitations; ) ]* s) ?0 m' ] L# \ g. Z
j、 Identify the past, current, or expected future business cycle phase of an economy based on economoic indicators;5 Q3 I( Q7 T, l" w: u
" q$ F3 I9 ~! @# I7 k
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?- R* x8 r @8 S9 W6 i p
A. Cyclical : R* b' I* N, Q% ^, F
B. Frictional 2 ~! x0 _- m' l/ ^/ U9 s
C. Structural
2 l: L/ p$ [+ O- r# i( ]8 y& Z" h答案和详解,登录后回复可见:
, L; r1 q5 S. `Answer:A
+ s- t! J, o+ T; I3 v3 W5 \3 P) k2 d
- d1 g3 P& O$ W/ ~5 E) j7 z2. 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:
' ` z P3 w0 h( K& s- `+ v; RA. increase . |* u/ ^7 U& b4 z
B. decrease* d( k( C& R8 c- T5 ` j
C. remain unchanged - K4 ^3 u' y- @) F5 C7 L1 v$ \
6 R0 q. f- c# F" H* e3 e; l. G4 l) q; |' f& g' K% b$ ~/ r" w
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?7 e3 G2 `. A# a z3 G! O6 U! b
A. cyclical & [; ^# }" o. F7 Q
B. frictional
6 a- E- F* e6 oC. structural + G' x2 {5 I+ L- R L
e9 z9 A1 q* g* v+ X/ T* p3 v& m9 `
4. The consumer price index (CPI) this year is 252. The CPI last year was 246. The inflation rate this year is closest to:$ V; H; P" v) I' u
A. 2.38%
1 j e+ V3 O; C3 m3 X, g7 G [/ RB. 2.44% |; [8 L) S; ?) Y
C. 6.00% 0 U0 B, o5 l7 R1 S9 K3 a
u4 h$ _- y7 ]/ [+ i2 H1 t: m8 l; K! Y
5. An In a simple economy containing only two goods -- apples and shirts – the prices and quantities in the base period and current period are:
/ W0 D) L0 |$ n* S J| 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:
- w+ q: Z' o8 a/ N2 mA. 103.57
% @8 J/ [: b9 `9 i0 x, XB. 107.00 * U6 T% a- W) z9 j& G
C. 113.75 M& \+ e$ ^; \/ A& C
9 M G8 i2 m9 H) G& {) y1 o
, c# ?* v5 L Y) s
5 C1 U4 C- Q7 U$ I更多CFA习题可关注:高顿CFA题库.
0 m. i9 {) f2 c) ]& w* ~; T( A关注微信 这里是华尔街(ID:CFA-online),CFA考试资讯抢先得 v4 R' ~6 w* D. ] t3 ]1 g
/ ?: w6 L! I$ g2 d, p- W; A$ m/ a1 Q6 R( f* W' E
! d& }; L+ m4 M; h% Y
, M( u: r: z$ p( B' e
+ o: I1 W3 s% G. D: C0 m, m' U, l0 X# F' A, R7 }
6 \+ O( K ^. y g+ U2 [) h6 c |
|