2025年CFA《Economics》模拟测试卷.docxVIP

2025年CFA《Economics》模拟测试卷

考试时间：______分钟总分：______分姓名：______

SectionA:MultipleChoiceQuestions

1.Whichofthefollowingbestdescribestherelationshipbetweenpriceandquantitydemanded,accordingtothelawofdemand?

a)Aspriceincreases,quantitydemandedincreases.

b)Aspricedecreases,quantitydemandeddecreases.

c)Priceandquantitydemandedareunrelated.

d)Therelationshipdependsonthespecificgoodinquestion.

2.Afirmoperatinginaperfectlycompetitivemarketwillmaximizeprofitbyproducingtheoutputlevelwhere:

a)Priceisgreaterthanmarginalcost.

b)Priceisequaltoaveragetotalcost.

c)Priceisequaltomarginalrevenue.

d)Marginalcostiszero.

3.Ifthepriceelasticityofdemandforagoodis2,a10%increaseinpricewillleadto:

a)A10%decreaseinquantitydemanded.

b)A20%decreaseinquantitydemanded.

c)A0.5%decreaseinquantitydemanded.

d)Nochangeinquantitydemanded.

4.GrossDomesticProduct(GDP)iscalculatedusingthe:

a)Incomeapproach,whichsumsupallwagesandsalariespaidintheeconomy.

b)Expenditureapproach,whichsumsupallfinalgoodsandservicesproduced.

c)Productionapproach,whichsumsupthevalueaddedateachstageofproduction.

d)Alloftheabove.

5.Theprimarygoalofcontractionarymonetarypolicyisto:

a)Stimulateeconomicgrowthbyloweringinterestrates.

b)Combatinflationbyraisinginterestrates.

c)Increaseemploymentlevelsbyreducinggovernmentspending.

d)Stabilizethefinancialsystembyprovidingliquiditytobanks.

6.WhichofthefollowingisconsideredacomponentofM1moneysupply?

a)Savingsdeposits.

b)Moneymarketmutualfunds.

c)Currencyincirculation.

d)Timedeposits.

7.Thepurchasingpowerparity(PPP)theorysuggeststhatexchangeratesbetweentwocountrieswilladjusttoequalizethe:

a)Priceofsimilargoodsinbothcountr