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CFA问答
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11 Which of the following trade restrictions is likely to result in the greatest wel- fare loss for the importing country? A A tariff B An import quota. C A voluntary export restraint. 自愿出口限制的welfare loss最大是因为原本给政府的税那部分也变成welfare loss了吗?为什么呢?
已回答7 In the Ricardian trade model, a country captures more of the gains from trade if: A it produces all products while its trade partner specializes in one good. B the terms of trade are closer to its autarkic prices than to its partner’s autarkic prices. C the terms of trade are closer to its partner’s autarkic prices than to its autarkic prices. 这一题为什么选C?在本国自给自足的价格和与其他国家进行贸易往来的价格有什么不一样?
已解决31 Themost likely argument against high national debt levels is that: A the debt is owed internally to fellow citizens. B they create disincentives for economic activity. C they may finance investment in physical and human capital 这一题B选项老师讲的和答案不一样,请分析一下B选项
已回答27 The least likely explanation for why fiscal policy cannot stabilize aggregate demand completely is that: A private sector behavior changes over time. B policy changes are implemented very quickly. C fiscal policy focuses more on inflation than on unemployment 讲一下A选项吧?
已解决21 Which of the following is a limitation on the ability of central banks to stimulate growth in periods of deflation A Ricardian equivalence. B The interaction of monetary and fiscal policy C The act that interest rates cannot fall significantly below zero 流动性陷阱和通货紧缩有什么关系吗?
已回答19 A prolonged period of an official interest rate very close to zero without increase in economic growth most likely suggests: A quantitative easing must be limited to be successful. B there may be limits to the effectiveness of monetary policy C targeting reserve levels is more important than targeting interest rates. 为什么利率降到0还不能促进经济?这个是通常新闻里看到的说欧洲日本等国家出现负利率吗? 货币政策都有哪些缺陷?
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- Q6,为啥要少抽失败的,少抽不就不能真实反应情况了吗?
- BG检验就是T检验吗?如果理解错误的话 T检验是什么?
- Q3:解析里面Team Purple’s conclusion (the externalities associated with human capital is the most important determinant in predicting the occurence of convergence) implies that the production function is a straight line, and is compatible with non-convergence.这段话中 externalities associated with human capital具体是什么?怎么得到the production function is a straight line这个结论呢?
- Effective duration和Effective convexiy的公式为什么不用modified duration和convexity的原本公式,而是和他们的近似的久期和突性的公式一致?
- Risk Budget and risk parity 第二道思考题,里面的Variance是不是完全是个冗余信息,给来误导的呀?
- liability relatibe asset allocation这三种方式的区别是什么呀 怎么区分
- 为什么半年付息 算ytm是乘以2 而年化的麦考利久期是除以2
- 为什么长期垄断竞争中 D和ATC相切


