新用戶掃碼下載
掃碼下載APP
及時接收最新考試資訊及
備考信息
"economics"exercise:Average unemployment time
學習是一個不斷積累的過程，每天學習一點，每天進步一點！為了幫助大家更高效地備考2021年CFA考試，正保會計網校每日為大家上新CFA習題供大家練習。讓網校與您一起高效備考2021年CFA考試，夢想成真！
Questions 1:
Cost–push inflation is least likely to be affected by an increase in:
A、 employee wages.
B 、finished goods prices.
C、 commodity prices.
Questions 2:
All else remaining equal, a decline in the average duration of unemployment most likely indicates that an economic:
A 、upturn is beginning.
B 、upturn has already occurred.
C 、downturn is forthcoming.
View answer resolution
【Answer to question 1】B
【analysis】
B is correct. Cost–push inflation arises due to increases in costs associated with production: wages and raw materials prices.
A is incorrect. Cost–push inflation arises due to increases in costs associated with production. Wages are the single biggest cost to businesses.
C is incorrect. Cost–push inflation arises due to increases in costs associated with production. Commodities are an input to production, so they are major source of cost– push inflation.
【Answer to question 2】B
【analysis】
B is correct. The average duration of unemployment is a lagging economic indicator because businesses wait until a downturn looks genuine before laying off employees and until recoveries look secure before rehiring. If there is a decline in the average duration of unemployment, then it means that companies have been hiring, which indicates that an economic upturn has already occurred.
A is incorrect. Average duration of unemployment is a lagging indicator, not a coincident indicator.
C is incorrect. Although the average duration of unemployment is a lagging indicator, it is more directly indicating that an upturn has been underway, not that a downturn is forthcoming.
成功=時間+方法，自制力是這個等式的保障。世上無天才，高手都是來自刻苦的練習。而人們經常只看到“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，即使是一點點的進步，大家一定可以成為人人稱贊的“牛人”。
學員討論（0）
推薦閱讀
新用戶掃碼下載
京公網安備 11010802044457號
