CFA備考之CFA一級習(xí)題精選及解析0506-7

1、4CFA備考之CFA一級習(xí)題精選及解析 0506-7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 playin

2、g tennis at aparticular club is given by the following equation:PTennis Match = 90.20 X QTennis MatchThe 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

3、 is closest 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

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

5、angent to the indifference curve at that point is 2C. Slope of a line tangent to the indifference curve at that pointis -2題 6 】 Suppose a woman marries her butler. After they are married, her husband continues to wait on her as before, and she continues to support him as before (but as a husband rat

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

7、ach. In the 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, t

8、he Fed will most likely:A. Sell securitiesB. Buy securitiesC. Increase required reserve ratios題 9 】 Generational accounting indicates the United States, as well as other developed nations, faces severe generational imbalances regarding government programs such as SocialSecurity. Which of the followi

9、ng is most likely a possible 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 spot 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. Capital will flow into Great BritainB.