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本帖最后由 一起学CFA 于 2016-1-21 11:22 编辑 3 j4 l3 C+ Z& }& A; c. E6 B4 Y' a
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CFA Level I:Economics - Understanding business cycles 精选题和学习要点
0 z m% H) }1 u, _1 ^0 x- ~0 xLearning Outcome Statements (LOS) G% ?* P1 \% ~- ~
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a、 Describe the business cycle and its phases;
* Z( @/ q) e. Ub、 Explain the typical patterns of resource use fluctuation, housing sector activity, and external trade sector activity, as an economy moves through the business cycle; 0 {0 Y' [) ^4 q+ i
c、 Describe theories of the business cycle; 0 G3 }: @5 X. V8 w. u6 `7 ~
d、 Describe types of unemployment and measures of unemployment; % J# V6 z e# _- \3 M* i
e、 Explain inflation, hyperinflation, disinflation, and deflation; . I q+ @! ^' J/ @( G2 a& I
f、 Explain the construction of indices used to measure inflation; * @1 v3 L5 b4 _3 A- ]& }
g、 Compare inflation measures, including their uses and limitations;
, c- @# [- g+ [' `/ N4 @h、 Distinguish between cost-push and demand-pull inflation; , m) C: r! D' c8 s6 d- D8 ^
i、 Describe economic indicators, including their uses and limitations;
, F) S3 K1 \1 O! H% g7 Yj、 Identify the past, current, or expected future business cycle phase of an economy based on economoic indicators;
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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?
- z2 j5 `7 ?: V6 s+ L, c% k: K$ J; lA. Cyclical
/ x& u+ y: U3 u" ?, L( L7 gB. Frictional
$ i( U9 b; N+ p: d c5 Y5 qC. Structural % J7 q7 [2 t$ }0 N- ?5 G3 Z7 U
答案和详解,登录后回复可见:
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2. 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:
% }( B& C3 O9 O7 }A. increase 4 E, _2 h+ `: `3 b) W1 X
B. decrease( s; @$ ?# h$ R( {$ o
C. remain unchanged
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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 m, e% U+ m0 S8 dA. cyclical ( X$ c" X! T" [4 Y/ P
B. frictional ! `1 y) f: c- l
C. structural : g5 \* }" b# c3 \ |( [
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4. The consumer price index (CPI) this year is 252. The CPI last year was 246. The inflation rate this year is closest to:
: x+ Y4 f& A3 l- w. O9 P/ LA. 2.38%
: B/ w8 a- D- h+ DB. 2.44% $ r/ q! |' ?# i2 ]- \- _! r8 o
C. 6.00%
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# d: V+ C: W" r4 n9 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:
: _; J1 Q: ?, N/ c4 @& L" a| 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: ' V! G( n7 x, b& B B
A. 103.57 4 J S& J( a* _3 x/ @4 D
B. 107.00 5 I4 I5 d( H/ J5 E4 G
C. 113.75 2 H# J, D' H( R7 t1 }+ t
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/ m+ e2 {- p- Y2 L' l/ U% N! u5 R3 A更多CFA习题可关注:高顿CFA题库.' ]8 o# i- X# l
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