CFA一級練習(xí)題精選及答案0516-4

1、CFA級練習(xí)題精選及答案 0516-5題 1】 Two-dimensional demand and supply curves are drawn under which of the following assumptions?A. Own price is held constantB. All variables but quantity are held constantC. All variables but own price and quantity are held constant題 2 】 The monthly demand curve for playing tenn

2、is at a particular club is given by the following equation:PTennis Match =9 0.20 Tennis MQtchThe club currently charges members $4 to play a match, but is considering a new flat rate monthly membership fee for unlimited play. The most fee that the club will able to charge for this membership is clos

3、est to:A. $40.00B. $62.50C. $162.50題 3 】 Over a given period, the price of a commodity falls by5.0% and the quantity demanded rises by 7.5%. The price elasticity of demand for the commodity is best described as:A. ElasticB. InelasticC. Perfectly elastic題 4 】 Which of the following government interve

4、ntionsin market forces is most likely to cause underproduction?A.SubsidiesB.Price floorsC.Production quotas題 5 】 If a consumer's marginal rate of substitution ofgood X for good Y (MRSxy) is equal to 2, then the:A. Consumer is willing to give up 2 units of X for 1unit of YB. Slope of a line tange

5、nt to the indifferencecurve at thatpoint is 2C. Slope of a line tangent to the indifferencecurve at thatpoint is -2題 6 】 Suppose a woman marries her butler. After theyare married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rather than

6、 as an employee). How does the marriage affectGDP? How should it affect GDP?A. increase GDPB. decrease GDPC. Stay constant題 7】 Suppose the CPI basket contains only two goodsand services: oranges and haircuts. In the base period, consumers bought 15 oranges at $2 each and 5 haircuts at $10 each. In t

7、he current period, consumers buy 15 oranges at $1.75 each and 5 haircuts at $12 each. The CPI for the current period is closest to:A. 107.81B. 114.58C. 117.97題 8 】 Assume the U.S. Federal Reserve system (the Fed)has decided to lower interest rates in the economy. To carry out this policy, the Fed wi

8、ll most likely:A. Sell securitiesB. Buy securitiesC. Increase required reserve ratios【題 9】Generational accounting indicates the UnitedStates, as well as other developed nations, faces severe generational imbalances regarding government p rograms such as Social Security. Which of the following is mos

9、t likely a p ossible outcome?A. Reduction in income taxesB. Increase in government discretionary spendingC. Creation of new money to pay government obligations【題 10】 Given the following information:The U.S. interest rate is 6%.The sp ot rate is 2.2 GBP/USD.The GBP forward rate is 2 GBP/USDThe domestic Great Britain interest rate is 8%.Which of the following statements is FALSE?A. Capi tal will flow into Great BritainB.