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CFA一级
包含CFA一级传统在线课程、通关课程及试题相关提问答疑;
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01.单选题 已收藏 标记 纠错 In perfectly competitive industries, what is the most likely long-run effect of a permanent decrease in demand? A Price decreases. B Firm incur economic losses. C The number of firms decreases. 查看解析 下一题 正确答案C 您的答案A本题平均正确率:58% Perfect competition难度:一般 推荐: 答案解析 A permanent decrease in demand in a perfectly competitive industry will in the short-run cause the demand curve to shift to the left, causing prices to fall. However, in the long-run, firms will leave the industry due to economic losses. As firms leave the industry, supply decreases (i.e., the supply curve shifts left-ward) thus increasing prices back to the equilibrium where economic profit is zero. 问:这题怎么确定是短期 和 长期的结点,能不能用图示意之?
查看试题 已回答从longrun的角度时,央行才能用money supply进行调节经济 短期内,money supply是常数。 那为什么这一题 money supply growth 在长期不会影响real output
查看试题 已回答04.单选题 收藏 标记 纠错 To minimize total costs for a desired level of output, which of the following is the most efficient combination of labor and capital? A Equalize marginal product obtained per dollar spent on labor to the marginal product per dollar spent on capital. B Equalize average product of labor to the average product of capital. C Equalize marginal product per unit of labor to the marginal product per unit of capital. 查看解析 上一题 下一题 正确答案A 您的答案A本题平均正确率:55% Economies of scale and diseconomies of scale难度:一般 推荐: 答案解析 Costs are minimized when substitution of labor for capital (or the reverse) does not result in any cost savings, which is the case when the marginal product per dollar spent is equalized across inputs. 问:这道题 能不能讲解的再详尽一些?因为 基础课视频里这方面几乎没有涉及到?
查看试题 已回答Which of the following most accurately describes economies of scale? A Economies of scale increase at a decreasing rate. B Economies of scale occur when long-run unit costs fall as output increases. C Economies of scale are dependent on short-run average costs. 查看解析 上一题 下一题 正确答案B 您的答案B本题平均正确率:76% Economies of scale and diseconomies of scale难度:一般 推荐: 答案解析 Economies of scale occur when the percentage increase in output is greater than the percentage increase in the cost of all inputs. Economies of scale occur over the range where the long-run average cost curve slopes downward. 问:1.对应我画的图(左),看规模效应这一边 这条包络线的斜率的绝对值应该是越来越小,所以意味着 规模经济效应以一个降低的速率上升吧,不正是A形容的吗?2.我画的图(右),讲解里说 规模经济的另一种理解:Q增增 TC增,如果对应图的话 是不是我在图中用绿色线描出来的部分?
查看试题 已回答问:1.对应我画的图(左),看规模经济这半边 这条包络线的斜率的绝对值应该是越来越小,所以意味着 规模经济效应以一个降低的速率上升吧,不正是A形容的吗?2.我画的图(右),讲解里说 规模经济的另一种理解:Q增增 TC增,如果对应图的话 是不是我在图中用绿色线描出来的曲线部分? 两个独立的问题 请逐次回答 谢谢
精品问答
- 为什么可以把TR TC同时体现在纵轴?
- 对于老师讲的这部分,1. 我理解FRA的Payoff始终等于利率期货的Payoff部分进行折现(除以1个大于1的数),也就是说,FRA的Payoff的变动幅度 应该 始终小于利率期货的变动幅度。2. 至于是涨多跌少,还是涨少跌多,其实MRR在分母上,可以根据1/x的曲线特点来理解,无非就是MRR上升时1/(1+MRR)的变动幅度 小于 MRR下降时1/(1+MRR)的变动幅度,所以如果MRR上升时,Payoff是上升的,那么就是涨少跌多,如果MRR上升时,Payoff是下降的,那就是涨多跌少。以上2点,我理解的对吗?
- 为什么B选项要考虑借股还股?而A选项没有考虑借钱买然后还钱?可以都不考虑吗?还是借股还股一定要在这个流程中体现?
- 不懂这里为什么新固定利息与老固定利息的差值折现到1时刻就是1时刻的value,为什么只考虑下半边支出的部分,不考虑付息收到的部分
- 老师好,官网这道题我有点没太懂,麻烦讲解
- 如果IC和CAL线的切点在后半段呢,就是比和有效前沿的切点更高呢,不是后面无风险资产权重为0吗,为什么说一定有无风险资产呢
- 老师您好!这个需要掌握吗?谢谢
- 为什么不是C选项呢?credit risk是由于借款人违约未能偿还而使债权人遭受损失的风险;solvency risk是由于自己财务状况不佳而无法偿还到期债务的风险。二者紧密相连
