返回列表 发帖

CFA Level 1 - Mock Exam 1 模拟真题-Q41-45

41

 

Budget type

Impact on
private saving

A.

deficit budget

increase

B.

deficit budget

decrease

C.

surplus budget

increase

D.

surplus budget

decrease

 

 

 

 

 

The type of government budget that leads to crowding-out, and its impact on private saving, respectively, are:

Select exactly 1 answer(s) from the following:
A. Answer A.
B. Answer B.
C. Answer C.
D. Answer D.

42The type of natural resource market to which the Hotelling principle applies, and the relationship expressed in it, respectively, are:

 

Type of natural
resource market

Relationship expressed in the Hotelling principle

A.

renewable

the price of the resource rises at a rate equal to the interest rate

B.

renewable

the price of the resource rises at a rate equal to the inflation rate

C.

non-renewable

the price of the resource rises at a rate equal to the interest rate

D.

non-renewable

the price of the resource rises at a rate equal to the inflation rate

 

 

 

 

 

 

 

 

 

Select exactly 1 answer(s) from the following:

A. Answer A.

B. Answer B.

C. Answer C.

D. Answer D.

 

43The most accurate description of the effect of a price decrease on total revenue for goods that have an elastic and inelastic demand, respectively, are:

 

Elastic demand

Inelastic demand

A.

total revenue declines

total revenue declines

B.

total revenue declines

total revenue increases

C.

total revenue increases

total revenue declines

D.

total revenue increases

total revenue increases

 

 

 

 

 

 

 

 

Select exactly 1 answer(s) from the following:

A. Answer A.

B. Answer B.

C. Answer C.

D. Answer D.

 

44The three indicators of the state of the labor market that the U.S. Census Bureau calculates include all of the following, except:

Select exactly 1 answer(s) from the following:

A. the unemployment rate.

B. the total labor compensation.

C. the labor force participation rate.

D. the employment-to-population ratio.

 

45Assume U.S. GAAP (generally accepted accounting principles) applies unless otherwise noted.

  A company’s cash conversion cycle is most likely to decrease if that company experiences a(n):

Select exactly 1 answer(s) from the following:

A. increase in the payables turnover ratio.

B. decrease in the inventory turnover ratio.

C. increase in the receivables turnover ratio.

D. decrease in the payables payment period.



thanks

TOP

re

re

TOP

谢谢

TOP

TOP

vv

TOP

  Thank you so much!!!

TOP

thx

TOP

thx

TOP

谢谢

TOP

返回列表