"economics"exercise:Fisher effect

下載正保會計(jì)網(wǎng)校APP 訂閱最新報(bào)考消息

來源: 正保會計(jì)網(wǎng)校編輯：小鞠橘桔 2020/12/01 10:45:06　字體：大小

選課中心

多樣班次滿足需求

選課中心

資料專區(qū)

干貨資料助力備考

資料專區(qū)

報(bào)考指南

報(bào)考條件一鍵了解

報(bào)考指南

學(xué)習(xí)是一個(gè)不斷積累的過程，每天學(xué)習(xí)一點(diǎn)，每天進(jìn)步一點(diǎn)！為了幫助大家更高效地備考2021年CFA考試，正保會計(jì)網(wǎng)校每日為大家上新CFA習(xí)題供大家練習(xí)。讓網(wǎng)校與您一起高效備考2021年CFA考試，夢想成真！

Questions 1:

According to the Fisher effect, an increase in expected inflation will most likely increase:

A、the real interest rate.

B、 both nominal and real interest rates.

C、 the nominal interest rate.

Questions 2:

The primary monetary policy goal of most major central banks is best characterized as:

A 、maintaining price stability.

B、 stimulating economic growth.

C、 maintaining low interest rates.

View answer resolution

【Answer to question 1】C

【analysis】

C is correct. The Fisher effect states that the nominal interest rate is the sum of the real rate of interest and the expected rate of inflation over a given time horizon. An increase in expected inflation will result in a higher nominal rate.

A is incorrect. An increase in expected inflation increases only the nominal rate.

B is incorrect. An increase in expected inflation increases only the nominal rate.

【Answer to question 2】A

【analysis】

A is correct. The primary monetary policy goal of most major central banks is to maintain price stability.

B is incorrect. Though stimulating economic growth can be part of certain central banks objectives, the overriding objective is maintaining price stability.

C is incorrect. Central banks may have a variety of objectives, but the overriding one is maintaining price stability.

成功=時(shí)間+方法，自制力是這個(gè)等式的保障。世上無天才，高手都是來自刻苦的練習(xí)。而人們經(jīng)常只看到“牛人”閃耀的成績，其成績背后無比寂寞的勤奮。小編相信，每天都在勤奮練習(xí)，即使是一點(diǎn)點(diǎn)的進(jìn)步，大家一定可以成為人人稱贊的“牛人”。

點(diǎn)擊了解更多CFA考試資訊>>