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The exam has all kinds of questions: easy, average, and difficult with majority of questions in the average category.

The classification I like more about the questions is Elan's classification:

1) Theory questions: those that test if you read material or not (i.e. what is a disadvantage of price-weighted index)
2) Calculation questions: those in which you would have to do computations to derive answer (i.e. given ROE of X and Dividend ratio of Y, what is growth rate?)
3) Conceptual questions: those that examine your ability to master concepts (i.e. if cross elasticity of product is negative, an increase in price of one unit would cause what to the quantity of other product?)

EOC (unlike kaplan) are meant to cover all 3 types and this is most likely what you are going to face on exam day

Good luck

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